Transparency in the Extractive Industries: Ukraine’s Achievements and Necessary Changes in EITI Regulation
The extractive industry plays a crucial role in ensuring Ukraine’s energy independence and economic development. Transparency in this sector is not only a requirement of international standards and our country’s partners but also a necessary condition for public trust, attracting investment, and effective management of natural resources.
Despite the state of war, Ukraine continues to implement the Extractive Industries Transparency Initiative (EITI), which it joined in 2013. However, since 2020 — with the onset of the pandemic and the full-scale invasion — public discussions of the EITI Report results in Ukraine have not taken place. This has affected the participation of civil society, businesses, and government bodies in shaping extractive policy.
On February 5, 2025, we will bring together representatives of government agencies, civil society, businesses, and international organizations to discuss achievements and challenges in extractive industry transparency. Together, we will review the 2023 EITI Report and explore the legislative changes necessary due to updates to the EITI Standard.
Event Goals:
- Highlight Ukraine’s key achievements in implementing the EITI.
- Identify urgent regulatory changes needed to meet the new EITI Standard requirements.
- Discuss the role of transparency during wartime and its importance for the post-war recovery of the industry.
Event Details:
- Format: Hybrid (offline in Kyiv and online via ZOOM)
- Time: 14:00–17:00
- Date: February 5, 2025
- Registration: https://bit.ly/3CfysCW
Join us to discuss key issues of transparency in the extractive industries! Together, we can shape a vision for the effective management of Ukraine’s natural resources.
The event is organized by the Ministry of Energy of Ukraine and the International Renaissance Foundation in collaboration with the DiXi Group think tank and with the support of the United States Agency for International Development (USAID).
