transparency

Oxfam welcomed the launch of a new website by the Dutch Minister of the Environment today (faststartfinance.org) which aims to collect and present details about climate finance pledges from developed countries.

Oxfam America commends the US Congress for making disclosure of payments from oil and mining companies to governments around the world a legal requirement. This historic measure will increase financial transparency and help reduce corruption.

The deadline for the Extractive Industries Transparency Initiative arrives, but only two out of 22 countries have completed their validation.

The World Trade Organization’s Doha Development Round was meant to rebalance decades of unfair rules in agriculture and address the needs of developing countries.

Voluntary approaches to increasing transparent and accountable management of natural resources wealth are making sluggish progress. The Extractive Industry Transparency Initiative must put in place additional mandatory disclosure rules.