The Board of Trustees presents to the Iraqi public the second edition of the Natural Resources Transparency Commission's Action Plan, seeking to enhance governance and transparency in the oil, gas, and mining sectors and in compliance with Requirement 1.5 of the Extractive Industries Transparency Initiative (EITI) Standards, which calls for the Commission's work to address the implementation of "national priorities" for the three sectors through concrete, actionable activities resulting from consultations with broader stakeholders in government institutions, businesses, and civil society.
Challenges
Objectives
The fourth axis
Annual Achievement Report
Requirement 7.4 of the Extractive Industries Transparency Initiative Standards
| T | Activity | Responsible authorities | Target audience | Expected results | time frame | Estimated cost | Notes | |
|---|---|---|---|---|---|---|---|---|
| (million dinars) | ||||||||
| 1 | Annual Achievement Report 2023 | Board of Trustees | Wider stakeholders | Identify the entity responsible for issuing the report. | January 2024 | - | Done | |
| Formation of the report preparation committee. | Support Team | |||||||
| 2 | Review and discuss the first draft of the report. | Board of Trustees | Board of Trustees | Opportunity to make comments and additions. | February 2024 | - | Done | |
| Support Team | ||||||||
| 3 | Send a draft report for review and to provide suggestions and comments, if any. | Board of Trustees | International Secretariat. | Ensure all report issuance requirements are covered. | February 2024 | - | Done | |
| International Secretariat | ||||||||
| National Secretariat | ||||||||
| 4 | Workshops for general discussion of the report. | National Secretariat | Wider stakeholders | Involve civil society and other broader stakeholder groups in discussing and preparing the report and ensuring that the report reflects their activities related to the initiative. | March 2024 | 7450 | Done | |
| Board of Trustees | ||||||||
| 5 | Publish the final version of the report and send a copy to the International Secretariat. | National Secretariat | International Secretariat | Informing wider stakeholders about the initiative's activity and keeping up with its work. | March 2024 | - | Done | |
| Wider stakeholders | ||||||||
| 1 | Annual Achievement Report 2024 | Board of Trustees | Wider stakeholders | Identify the entity responsible for issuing the report. | January 2024 | - | In progress | |
| Formation of the report preparation committee. | Support Team | |||||||
| 2 | Review and discuss the first draft of the report. | Board of Trustees | Board of Trustees | Opportunity to make comments and additions. | February 2024 | - | In progress | |
| Support Team | ||||||||
| 3 | Send a draft report for review and to provide suggestions and comments, if any. | Board of Trustees | International Secretariat. | Ensure all report issuance requirements are covered. | February 2024 | - | In progress | |
| International Secretariat | ||||||||
| National Secretariat | ||||||||
| 4 | Workshops for general discussion of the report. | National Secretariat | Wider stakeholders | Involve civil society and other broader stakeholder groups in discussing and preparing the report and ensuring that the report reflects their activities related to the initiative. | March 2024 | 4750 | In progress | |
| Board of Trustees | ||||||||
| 5 | Publish the final version of the report and send a copy to the International Secretariat. | National Secretariat | International Secretariat | Informing wider stakeholders about the initiative's activity and keeping up with its work. | March 2024 | - | In progress | |
| Wider stakeholders | ||||||||
| the total | 9,5 | |||||||
Challenges
Objectives
Axis 10
Annual Report
Requirements 6.2, 4.1, and 4.9 of the Extractive Industries Transparency Initiative Standards
| No. | Activity | Responsible Entities | Target Entities | Expected Results | Timeframe | Estimated Cost | Notes |
|---|---|---|---|---|---|---|---|
| (Million Dinars) | |||||||
| First: 2022 Report | |||||||
| 1 | Drafting Terms of Reference and adding beneficial ownership template among requirements. | Support Team | Board of Trustees | Obtaining compatible texts and initiative standards to facilitate their discussion and approval by the Board. | January – March 2024 | - | Completed in 2023 |
| National Secretariat | |||||||
| 2 | Discussion and approval of Terms of Reference | Board of Trustees | Independent Administrator Companies | Terms of Reference agreed upon by stakeholders. | January – March 2024 | - | Completed in 2023 |
| Support Team | |||||||
| 3 | Inviting companies, receiving and analyzing proposals, and recommending award | Board of Trustees National Secretariat | Independent Administrator Companies | Informing the Board about proposals to facilitate awarding decision. | January – March 2024 | - | Completed in 2023 |
| 4 | Writing and signing the contract | Board of Trustees National Secretariat | Independent Administrator | Contract with Independent Administrator company and beginning report preparation. | January – March 2024 | 250 | Work in progress |
| 5 | Issuing preliminary report | Independent Administrator Board of Trustees | Board of Trustees | Board approval of preliminary report and directing Independent Administrator to begin data collection and compilation. | April – June 2024 | - | Work in progress |
| Support Team | |||||||
| 6 | Data collection and compilation | Independent Administrator Board of Trustees | Ministry of Oil | Documented and complete information and data. | April – June 2024 | - | Work in progress |
| Ministry of Industry | |||||||
| Public Companies International Companies | |||||||
| 7 | Compliance report and discrepancy verification | Independent Administrator Board of Trustees | Board of Trustees | Review and discussion of data and Independent Administrator's conclusions and verification of discrepancies. | June 2024 | - | Work in progress |
| Support Team | |||||||
| 8 | Initial comprehensive report | Independent Administrator Board of Trustees | Board of Trustees | Verifying report comprehensiveness and compliance with Terms of Reference requirements and initiative standards. | July - September 2024 | - | Work in progress |
| Support Team | |||||||
| 9 | International Secretariat comments on final draft | International Secretariat | Board of Trustees | Ensuring report comprehensiveness and compliance with all initiative standards. | July - September 2024 | - | Work in progress |
| National Secretariat | |||||||
| Independent Administrator | |||||||
| 10 | Civil society and broader stakeholder comments | Board of Trustees Independent Administrator | Broader stakeholders | Informing broader stakeholders about the report and ensuring their participation in its preparation and stating their comments before final publication. | July - September 2024 | - | Work in progress |
| 11 | Final discussion and report approval | Board of Trustees Independent Administrator | Board of Trustees National Secretariat Independent Administrator | Report ready for printing, publication and distribution. | July - September 2024 | - | Work in progress |
| 12 | Executive summary | Board of Trustees Independent Administrator | Board of Trustees | Publishing executive summary. | July - September 2024 | - | Work in progress |
| 13 | Printing, publication and distribution | Independent Administrator National Secretariat | Broader stakeholders | Publishing report as beginning and stimulating public discussions | September 2024 | - | Work in progress |
| Second: 2023 Report | |||||||
| 14 | Drafting Terms of Reference and adding beneficial ownership template among requirements. | Support Team | Board of Trustees | Obtaining compatible texts and initiative standards to facilitate their discussion and approval by the Board. | January – March 2024 | - | Completed |
| National Secretariat | (See Terms of Reference for 2022 report: Section (1.2.11)) | ||||||
| 15 | Discussion and approval of Terms of Reference | Board of Trustees | Independent Administrator Companies | Terms of Reference agreed upon by stakeholders. | January – March 2024 | - | Work in progress |
| Support Team | |||||||
| 16 | Inviting companies, receiving and analyzing proposals, and recommending award | Board of Trustees National Secretariat | Independent Administrator Companies | Informing the Board about proposals to facilitate awarding decision. | January – March 2024 | - | Work in progress |
| 17 | Writing and signing the contract | Board of Trustees National Secretariat | Independent Administrator | Contract with Independent Administrator company and beginning report preparation. | January – March 2024 | 250 | Work in progress |
| 18 | Issuing preliminary report | Independent Administrator Board of Trustees | Board of Trustees | Board approval of preliminary report and directing Independent Administrator to begin data collection and compilation. | April – June 2024 | - | Work in progress |
| Support Team | |||||||
| 19 | Data collection and compilation | Independent Administrator Board of Trustees | Ministry of Oil | Documented and complete information and data. | April – June 2024 | - | Work in progress |
| Ministry of Industry | |||||||
| Public Companies International Companies | |||||||
| 20 | Compliance report and discrepancy verification | Independent Administrator Board of Trustees | Board of Trustees | Review and discussion of data and Independent Administrator's conclusions and verification of discrepancies. | June 2024 | - | Work in progress |
| Support Team | |||||||
| 21 | Initial comprehensive report | Independent Administrator Board of Trustees | Board of Trustees | Verifying report comprehensiveness and compliance with Terms of Reference requirements and initiative standards. | July - September 2024 | - | Work in progress |
| Support Team | |||||||
| 22 | International Secretariat comments on final draft | International Secretariat | Board of Trustees | Ensuring report comprehensiveness and compliance with all initiative standards. | July - September 2024 | - | Work in progress |
| National Secretariat | |||||||
| Independent Administrator | |||||||
| 23 | Civil society and broader stakeholder comments | Board of Trustees Independent Administrator | Broader stakeholders | Informing broader stakeholders about the report and ensuring their participation in its preparation and stating their comments before final publication. | July - September 2024 | - | Work in progress |
| 24 | Final discussion and report approval | Board of Trustees Independent Administrator | Board of Trustees National Secretariat Independent Administrator | Report ready for printing, publication and distribution. | July - September 2024 | - | Work in progress |
| 25 | Executive summary | Board of Trustees Independent Administrator | Board of Trustees | Publishing executive summary. | July - September 2024 | - | Work in progress |
| 26 | Printing, publication and distribution | Independent Administrator National Secretariat | Broader stakeholders | Publishing report as beginning and stimulating public discussions | September 2024 | - | Work in progress |
| Total | 500 |