The Government of the Democratic Republic of the Congo (DRC) signed up to the Extractive Industries Transparency Initiative (EITI) in March 2005. Since then important progress has been made in implementing EITI in the DRC. A multi-stakeholder national EITI Committee was established by Presidential Decree in November 2005 charged with ensuring the DRC implementation process complies with EITI criteria. In February 2006, the DRC Government named members of the EITI Committee and allocated a budget for its operations from the Government’s finances. In addition, an EITI baseline study for the exploitation of copper, cobalt and diamonds is currently underway.
However, a lot more work will be needed before EITI is fully implemented in the DRC. Continued political commitment from the newly-elected DRC Government as well as capacity building and improved co-ordination within relevant DRC Government institutions will be crucial. Strong engagement from civil society, private sector and wider international community stakeholders will also be required.
Support for EITI implementation forms an important plank of DFID’s planned support in the minerals sector in DRC. Over coming months, DFID will be working with all EITI stakeholders to develop a package of support aimed at ensuring EITI is successfully implemented in the DRC.