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