By: Open Contracting Partnership, NRGI, Oxfam Americas, Columbia Center on Sustainable Investment
Contract Disclosure in Extractive Industries
By Open Contracting Partnership, NRGI, Oxfam Americas, Columbia Center on Sustainable Investment
Contracts signed between governments and resource companies are the fundamental documents that set out obligations, rewards, rights and protections in many oil, gas and mining investments. Without access to them, it is not possible for citizens to understand the nature of the agreements that their governments have made or monitor government and company commitments.
An increasing number of governments are encouraging contract publication. There are now more than 25 countries that have published contracts and more are coming on board as time passes.