Publish What You Pay Demand Transparency and Accountability in Natural Resources Deal

Publish What You Pay (PWYP) coalition was formed in 2002 by a group of London-based NGO representatives to help abate the issue of resource curse which arises from countries not being able to account or utilize their natural resources due to lack of transparency, by campaigning for greater transparency in the extractive industry. This was due to a report published by Global Witness in December 1999 on the apparent complicity of the oil and banking industries in the plundering of state assets during Angola’s 40 year civil – war, also in Nigeria where there was no exact knowledge of how its extractive industry functions and how much revenue it derives and what such revenues are used for.

In order to ensure better use of natural resources PWYP has signed up spaces at global, regional and national levels for civil societies to discuss and advocate on transparency and accountability in the extractive sector.

In June 2002, Global Witness, CAFOD, Open Society Institute, Oxfam GB, Save the Children UK and Transparency International UK, launched worldwide PWYP campaign, demanding all natural resource companies to be transparent by disclosing their operations. Other NGOs such as joined Catholic Relief Services, Human Rights Watch, Partnership Africa Canada, Pax Christi Netherlands and Secours Catholique/CARITAS France, along with an increasing number of groups from developing countries joined in this course.Click Here to Download PDF of Legislative Digest Sept 2012

 

By |2012-09-03T13:10:15+00:00September 3rd, 2012|Categories: Newsletters, Publications|0 Comments

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