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Manila, Philippines — In a significant move to promote transparency and accountability in royalty payments for Indigenous Peoples (IPs), the Philippine Extractive Industries Transparency Initiative (PH-EITI) and the National Commission on Indigenous Peoples (NCIP) formalized their partnership through a ceremonial signing of a Memorandum of Understanding (MOU) held on February 20 in Manila.

We are pleased to announce the official commencement of the FY 2024 PH-EITI Reporting Cycle.

BAGUIO CITY, Philippines – The Northern Luzon leg of the 2024 Philippine Extractive Industries Transparency Initiative (PH-EITI) Regional Roadshow recently concluded, focusing on the theme “Bridging Transparency: Empowering Local Voices in Natural Resource Governance.” …

We sincerely value your ongoing collaboration and commitment to enhancing transparency and accountability in the extractives sector. Your involvement is crucial to the success of this initiative. 

The PH-EITI would like to express our gratitude for our industry stakeholders’ continued cooperation and patience. We believe that the industry’s continued support and participation are essential in achieving our goal of transparency and accountability in the extractive industries.

The Philippine Extractive Industries Transparency Initiative (PH-EITI) convened a forum on beneficial ownership (BO) transparency at the Department of Finance (DOF) on August 7, 2024. Titled “Beneficial Ownership Forum: Disclosure Requirements in the Philippines,” the event aimed to boost awareness and gather feedback to refine BO transparency practices within the mining, oil, and gas industries.

While the extractive sector is often seen as male-dominated, with mining jobs thought to require only physical strength, the reality is that women have long been an essential part of the industry. However, despite this, gender inequality persists in the sector, as evidenced by the data from the Philippine Extractive Industries Transparency Initiative (PH-EITI).

The Philippine Extractive Industries Transparency Initiative (PH-EITI) Secretariat collaborated with its Mongolian counterpart for a peer learning session at the Department of Finance (DOF) on December 5, 2023. This gathering aimed to exchange insights and uphold the EITI Standard.

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.

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