The scheduled holding of EITI in the Philippines reinforces the country’s global leadership in resource transparency and good governance, according to the DOF.
Leading by example, upholding EITI principles
“This is the first-ever Global Conference in the region. That alone sends a strong message that the Philippines is leading by example—not only in upholding EITI’s principles, but in embedding good governance and sustainable resource management at the heart of our extractive industries,” said Finance Secretary and PH-EITI Chair Ralph G. Recto.
The EITI is a global standard for transparency in the governance of oil, gas, and mineral resources. Its member countries commit to disclosure and accountability across the extractive value chain. The Philippines joined the initiative in 2013 and is one of more than 50 implementing countries worldwide.
What’s on the agenda
Slated for June 2026, the Manila conference is expected to gather thousands of stakeholders from governments, industry, civil society, and academia. Discussions will center on anti-corruption strategies, responsible resource governance, domestic resource mobilization, and innovations in data transparency.
The timing of the event coincides with recent reforms in the Philippines’ mining sector. Congress has ratified the Enhanced Fiscal Regime for Large-Scale Mining Act, a DOF-led measure that overhauls the outdated tax structure, ensures a fair government share in mineral revenues, and enhances investor and environmental safeguards.
The fiscal reform is aimed at boosting transparency and accountability while making the Philippines a more attractive and responsible investment destination for extractive industries.
Multistakeholder group members
The PH-EITI multistakeholder group includes the Department of Environment and Natural Resources-Mines and Geosciences Bureau (DENR-MGB), Department of Energy (DOE), Department of the Interior and Local Government (DILG), and Union of Local Authorities of the Philippines (ULAP).
The Chamber of Mines of the Philippines and Petroleum Association of the Philippines represent industry, while Bantay Kita-Publish What You Pay Philippines speaks for civil society. —Ed: Corrie S. Narisma
