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The second EITI report will be more detailed than the first one – Roman Nitsovych

The second Ukrainian report according to the standards of the Extractive Industries Transparency Initiative (EITI) will be much more detailed than the first one. In particular, it covers a number of additional industries, namely production of coal, iron, titanium and manganese ores. That was mentioned by Roman Nitsovych, the Project Manager of DiXi Group Think Tank, at the Extractive Industries Transparency for Improving the Quality of Life of Communities Conference held on February 13 in Lviv.

In particular, information about payments from each of the 59 companies that responded is particularly useful for Lviv and other mining regions. The companies operating in Lviv Oblast paid UAH 1.347 billion in total to the consolidated budget. However, a specific feature of tax revenue administration is that a considerable part of these payments are recorded at the place of the company’s registration rather than at the place of business. EITI standard is a valuable tool for requiring more detailed information at the local level with respect to the development of mineral resources and payments to the local budgets which can be managed by communities. The next step is the legislative consolidation of EITI requirements regarding the companies’ reports under each project (a separate deposit or a group of deposits) and the budgets receiving payments. To that end, the Parliament should adopt relevant draft law No. 4840.

We’d like to make it clear that the conference brought together about 60 representatives of government authorities, companies, communities, NGOs from Lviv, Ivano-Frankivsk and Volyn Oblasts. This event took place on the eve of the publication of the second national report of the EITI of Ukraine.

According to materials of geonews

Comments

Ukraine will fully disclose extraction contracts according to the EITI Standard

Olha Polunina

Manager for Sustainable Development at DiXi Group

Ukraine will fully disclose extraction contracts according to the EITI Standard

The major achievement of the adopted amendments is the legislative requirement to fully disclose all contracts between extractive companies and the government

Disclosure of resource extraction contracts is important for Ukraine’s compliance with international environmental conventions

Olha Polunina

Manager for Sustainable Development

Disclosure of resource extraction contracts is important for Ukraine’s compliance with international environmental conventions

Ukraine has time until July 2022 to submit a plan of action, including a time schedule, and until October 2023 to provide a detailed progress report.

Ukraine Follows a Fossil Fuel Recovery Pathway

Yuliia Oharenko

expert of the DiXi Group project “Promoting Ukraine's Participation in the European Green Deal in the fields of energy and environment”

Ukraine Follows a Fossil Fuel Recovery Pathway

Despite multiple political statements supporting the European Green Deal and announced plans for the development of a joint with the EU Roadmap, Ukraine is moving in an opposite direction. These are the results of Energy Policy Tracker

The “Augean stables” of the extractive sector: is there any progress?

The “Augean stables” of the extractive sector: is there any progress?

The practice of procuring special extraction permits and then sitting idle on them for decades is unacceptable from the viewpoint of Ukraine’s energy independence and national security, raising budget revenues and the country’s investment attractiveness.

Ukraine improves its ranking under the EITI Standard

Olha Polunina

Manager for Sustainable Development at DiXi Group

Ukraine improves its ranking under the EITI Standard

The EITI Board acknowledged Ukraine’s efforts concerning disclosure of beneficial ownership information, creation of an online EITI reporting portal, and the launch of EITI implementation monitoring and assessment at national level.

Тижневик

Our platforms

https://ksep.energy/en/

Independent energy educational center

http://eiti.org.ua/

National website of Extractive Industries Transparensy Initiative in Ukraine 

http://ua-energy.org/

Information and analitical website “Ukrainian Energy UA-Energy.org” is unique   platform to inform

Our platforms

https://ksep.energy/en/

Independent energy educational center

http://eiti.org.ua/

National website of Extractive Industries Transparensy Initiative in Ukraine 

http://ua-energy.org/

Information and analitical website “Ukrainian Energy UA-Energy.org” is unique   platform to inform