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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

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Page 1: What’s at stake

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

Page 2: What’s at stake

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

Page 3: What’s at stake
Page 4: What’s at stake

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


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