Embed Size (px)
DESCRIPTION
What’s at stake. The proposals. Accounting Directive. Transparency Directive. Chapter 9. Article 6. Oil, gas, mining, and forestry companies must report payments to governments on a country-by-country and project-by-project basis . 5 crucial issues. - PowerPoint PPT Presentation
Citation preview
What’s at stake
Mineral, oil, gas exports from
Africa
Aid flows to Africa
Foreign direct investment in
Africa
Illicit financial outflows from
Africa
050
100150200250
246
47.6 58.6 61.6
2009 figures, in billion US dollars
The proposalsAccounting
DirectiveTransparency
Directive
Chapter 9 Article 6
Oil, gas, mining, and forestry companies must report payments to governments on a
country-by-country and project-by-project basis
5 crucial issues
The European Parliament should: 1. Defend project-level reporting2. Improve the definition of project3. Defend materiality threshold of €100 0004. Remove all exemptions from the Directive5. Extend the scope to all sectors
