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Norway

Transparency in the Management of Oil and Gas Revenues / Financial Transparency (NO0010)

Overview

At-a-Glance

Action Plan: Norway – First National Action Plan – 2012-2013

Action Plan Cycle: 2011

Status: Inactive

Institutions

Lead Institution: NA

Support Institution(s): NA

Policy Areas

Aid, Anti-Corruption, Extractive Industries, Fiscal Openness, Publication of Budget/Fiscal Information

IRM Review

IRM Report: Norway First IRM Progress Report 2011-2013

Starred: Pending IRM Review

Early Results: No IRM Data

Design i

Verifiable: Pending IRM Review

Relevant to OGP Values: Not Relevant

Potential Impact: Pending IRM Review

Implementation i

Completion: Pending IRM Review

Description

The Government will follow up EITI implementation in the years to come, in close cooperation with the multi-stakeholder consultative group. We will continue to support the Oslo-based international EITI Secretariat, and use development funds to support developing countries’ work in various phases of their EITI implementation. Norway supports developing countries’ efforts to increase transparency in the oil and gas sector directly through the EITI and via the World Bank, by supporting international NGOs such as Revenue Watch Institute (RWI) and through various measures under the Norwegian Oil for Development programme (OfD). The OfD is the largest development programme of its kind in the world and provides support and advice to more than 20 developing countries in their efforts to improve their management of their petroleum resources, e.g. with regard to greater transparency concerning revenue flows.


Commitments

Open Government Partnership