This year, the Philippine Extractive Industries Transparency Initiative (PH-EITI) celebrates a decade of continuous effort in enhancing governance across the country’s extractive sector. Since its inception in 2013, the PH-EITI has served as an institutional mechanism designed to foster transparency, accountability, and public participation in the extractive industries, which include mining, oil, and gas. Aligned with the global EITI framework, it joins an international community of over 50 implementing countries devoted to setting the global standard for governance of oil, gas, and mineral resources.
Through annual reports and ongoing stakeholder engagement, the PH-EITI has provided critical insights into the revenues generated from natural resources. To date, the PH-EITI has published eight country reports spanning nine (9) fiscal years, from 2012 to 2020, and covering information on over 100 extractive projects nationwide. These reports reconcile more than PHP 405.4 billion in government revenue. All this information is available online in machine-readable formats for public use.
By making extractives data public, the initiative has facilitated informed discussions among policymakers, industry stakeholders, civil society, and the general public. These discussions have not only increased scrutiny on revenue management but have also led to reforms in extractive governance.
The 10th-anniversary celebration aims to do more than just commemorate a decade of transformative work. It serves as a strategic moment to reflect on collective efforts and identify pathways for the continued enhancement of transparency, accountability, and governance in the Philippines’ extractive sectors. Through a series of carefully curated events, the anniversary provides a holistic view of the progress, challenges, and evolving dynamics in natural resource governance.
A government-led, multi-stakeholder initiative implementing EITI, the global standard that promotes the open, accountable management, and good governance of oil, gas, and mineral resources. PH-EITI was created on 26 November 2013 through EO No. 147, s. of 2013. It is a government commitment first announced through EO No. 79, s. of 2012.