U.S. Secretary of the Interior Selects CBI to Facilitate U.S. Extractive Industries Transparency Initiative

The Department of Interior recently selected CBI's Managing Director Patrick Field and Senior Associate Rachel Milner Gillers to facilitate the U.S. Extractive Industries Transparency Initiative (EITI), part of the Obama administration's Open Government Partnership. As facilitators, CBI will assist the U.S. in developing an effective outreach and engagement process as it readies the U.S. application for candidacy to the global EITI, a voluntary, multi-national initiative promoting transparency in reporting revenues received for oil, gas, and mineral development.

“President Obama has made transparency in government one of the cornerstones of his Administration,” said Secretary Salazar, who is the U.S. Senior Official responsible for implementing the initiative. “The USEITI will be a major step forward in allowing American companies to compete on a level playing field in international royalty and revenue collections. Just as importantly, the initiative will promote transparency to the American people for the use of its public resources.”

Designed to increase transparency, promote stability, and reduce corruption in resource-rich countries around the world, each EITI framework is country-specific and developed through a multi-year, consensus-based process. CBI will assist the U.S. in fulfilling its responsibility under the EITI to engage and establish a multi-stakeholder group,  comprised of representatives from government, industry and civil society, which will oversee the design and implementation of the USEITI.

“We are delighted to be assisting industry, civil society, and the federal government to advance this important initiative that will serve the interests of our nation and set an example for others around the world,” said Patrick Field.

For more information, visit the U.S. Extractive Industries Transparency Initiative website or contact Patrick Field, Managing Director at CBI.