G8 Deauville, G8/Africa Joint Declaration Shared Values, Shared Responsibilities, 26-27 May 2011

Sectors : Transparency and accountability, Quality of aid
Organisation : G8
Date made: 
2011
Level: 
Heads Of State
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Commitments in: Governance - Transparency and accountability

“19. We will all continue to support transparency in other areas including through the full implementation of the Extractive Industry Transparency Initiative (EITI). We call on all countries, notably resource-rich countries, and extractive companies to join or support this initiative. We also welcome the complementary efforts to increase revenue transparency, and commit to setting in place transparency laws and regulations or to promoting voluntary standards that require or encourage oil, gas, and mining companies to disclose the payments they make to governments...”

Scope: 
Africa

“26. We encourage mutual accountability and transparency in the use of domestic and external resources for development and we encourage civil society and private sector stakeholders to foster accountability at all levels. Accountability mechanisms should monitor performance and provide for adequate incentives for compliance. We call on all donors and African partners to provide transparent and comprehensive information on aid flows and participate in multilateral accountability efforts. We welcome the determination of Japan to hold the TICAD Ministerial Meeting held in Dakar on 1 and 2 May despite the challenges caused by the recent disaster.”

Scope: 
Africa