The Institute for Public Policy and Research (IPPR), led by Executive Director Graham Hopwood, is calling on Namibia to join the Extractive Industries Transparency Initiative (EITI). This global standard aims to promote openness and accountability in sectors like mining, oil, gas, and other natural resources.

If Namibia joins EITI, companies operating in these sectors would be required to disclose payments made to the government. Additionally, revenues generated from these industries would be publicly reported. The initiative also pushes for transparency in licensing and resource management, which could help reduce corruption and ensure that wealth from natural resources is distributed fairly.

Hopwood revealed that Namibia’s Ministry of Mines and Energy commissioned a study in 2023 to explore the benefits of EITI membership. The study recommended that Namibia join the initiative, covering not only mining and oil and gas but also fishing and forestry. The report was submitted to the Cabinet, but no decision has been made yet.

Mark Robinson, Executive Director of EITI, praised Namibia for its commitment to transparency, as outlined in its Harambee Prosperity Plan 2 (HPP 2). The plan highlights the government’s goal of aligning EITI with national priorities to improve governance and accountability in the extractive industries.

As part of HPP 2, the Namibian government has also pledged to review laws governing extractive industries to strengthen public trust. Joining EITI could be a significant step toward achieving these goals and ensuring that the country’s natural resources benefit all its citizens.