EITI: Cameroon congratulated on its achievement and SNH's contribution acknowledged
The data published by SNH, described as "valuable" information to the public domain as part of implementation of the Extractive Industries Transparency Initiative (EITI) in Cameroon, earned the country congratulations from the Board of Directors of the organisation on June 29, 2018.
According to the Board, Cameroon has gone beyond the minimum EITI Standard requirements with regard to the disclosure of export data and voluntary social expenditures. Fredrik Reinfeldt, Chair of the EITI, said at the end of the Board meeting that “EITI implementation has yielded tangible results, ensuring that data about the hydrocarbons and mining sectors contribute to wider reforms. We also congratulate Cameroon as a key actor in pioneering efforts to improve reporting on commodity trading.”
According to Agnès Solange Ondigui Owona, National Coordinator of EITI Cameroon: “This evaluation, for the period going from October 18, 2013 to July 1st, 2017, reflects the work undertaken by Cameroon with respect to EITI's Standard. The precedent evaluation was done following EITI's Rules. It also encourages them to proceed to the implementation of the requirements, especially regarding those that have been recommended by the Validator and on which EITI’s Cameroon Committee has already begun working.”
The Board of Directors also outlined 14 corrective actions that Cameroon will have to address within 18 months following the Board meeting.
For more information, visit https://eiti.org/news/cameroon-recognised-as-making-meaningful-progress-against-eiti-standard