Transparency and accountability

Opacity and unaccountable governance undermine the sustainability of the extractive sector, leading to corrupt practices and fostering public mistrust. Disclosing tax payments and contracts to the public, while allowing for public audits of the sector, can improve the dialogue between government, companies and civil society. International norms such as the Extractive Industries Transparency Initiative pressure governments to constantly improve their performance. Cowater experts advise governments on how to better disclose its information, help supreme audit institutions audit the sector and allow civil society to understand it.

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