CSOs Call For Review Of GHEITI Bill
| Updated Feb 06, 2017 at 6:00am
Civil society Organisations operating in the Natural Resource Environment are calling for the review of the Ghana Extractive Industry Transparency Initiative (GHEITI) bill to include the restoration of the environment after extraction of resources.
They are also proposing the establishment of an independent counter institution to effectively monitor activities under the extractive Industries Transparency Initiative, EITI.
Stakeholder institutions including the Natural Resource Governance Institute, Third World Network, ISODEC and German International Cooperation (GIZ) raised the concerns at a meeting in Accra to discuss findings of the GHEITI Bill by Oil Watch Ghana.
Ghana's participation in the initiative is to strengthen transparency and accountability in relation to revenue operators within the extractive sector of the economy.
Executive Director of Oil Watch Ghana, Noble Wadjah observed that the bill in its current form cannot address the country’s multifaceted issues confronting the natural resources governance sector.
He cited for instance Section 4 of the bill which stipulates an annual disclosure of extractive industries which fails to give prominence to environmental costs and social payments.
Mr Wadjah’s proposal to increase from two to four CSO’s representation on the Multi-Stakeholder Group in alignment with the sectors of minerals, petroleum, forestry and fisheries was overwhelmingly endorsed.