institute for Public Policy research - BRIEFING PAPER - After fishrot: the Urgent need for
7 November 2022
This was partly put down to a lack of capacity in the industry and the lateness of auction in the fishing season.19 The auctions enabled the government to get a sense of the real value of its marine resources. [...] “This body should oversee the management of the coastal and marine sector, with the necessary authority to obtain timely data and information, and pre-review all critical processes and decisions affecting the sustainability of the ecosystem.” Applying The EITI To Fisheries The Extractive Industries Transparency Initiative (EITI) is a global standard for the good governance of oil, gas and mineral. [...] A primary motivation for the adoption of the EITI Standard was the desire to produce more relevant, more reliable and more usable information, and better link this information to wider reforms in the governance of the extractive sector or of the management of public accounting and revenue manage- ment. [...] While the provisions relating to civil society participation in the EITI process remain consistent at every stage of EITI implementation, the evidence the EITI Board uses to evaluate the provisions will of necessity vary depending on the circumstances of the country, stage of implementation, and availability of information. [...] The EITI Board will consider such requests with regard to the facts of the case, the need to uphold the Principles of the EITI as well as the princi- 15 ple of consistent treatment between countries.