US policy recommendations for combating corruption and promoting sound governance of natural resources
Summary
The document outlines three priority areas for the U.S. administration: promoting transparency in the extractive industries through the Extractive Industries Transparency Initiative (EITI) and legislative disclosure, strengthening anti-money laundering frameworks to prevent the looting of state funds, and breaking the link between the mineral trade and conflict in the eastern Democratic Republic of Congo (DRC).
Key insights
- The U.S. should promote transparency in the oil, gas, and mining sectors by endorsing legislation for country-by-country payment disclosure by extractive companies and committing to the implementation of the Extractive Industries Transparency Initiative (EITI).
- To prevent the looting of state funds by corrupt officials, the U.S. administration should close loopholes in the anti-money laundering framework, increase transparency regarding the beneficial ownership of corporate entities, and engage in international regulatory reform via the Financial Action Task Force.
- The U.S. should address the link between mineral trade and violence in eastern DRC by requiring importers of tin ore, coltan, gold, and wolframite to disclose the specific mines and suppliers used, and by pressuring Rwanda, Burundi, Uganda, and Tanzania to stop illicit mineral imports.
- The U.S. is urged to support a Belgian U.N. initiative for a General Assembly debate on natural resources and conflict and to develop a global action plan to tackle conflict resources.
Cite the original document
- APA
- Global Witness (n.d.). US policy recommendations for combating corruption and promoting sound governance of natural resources. https://globalwitness.org/en/campaigns/oil-gas-and-mining/us-policy-recommendations-for-combating-corruption-and-promoting-sound-governance-of-natural-resources/
- Chicago
- Global Witness. US policy recommendations for combating corruption and promoting sound governance of natural resources. n.d. https://globalwitness.org/en/campaigns/oil-gas-and-mining/us-policy-recommendations-for-combating-corruption-and-promoting-sound-governance-of-natural-resources/.
- Wikipedia
- {{cite press release |author=Global Witness |title=US policy recommendations for combating corruption and promoting sound governance of natural resources |url=https://globalwitness.org/en/campaigns/oil-gas-and-mining/us-policy-recommendations-for-combating-corruption-and-promoting-sound-governance-of-natural-resources/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{globalwitnessndpolicy, author = {{Global Witness}}, title = {{US policy recommendations for combating corruption and promoting sound governance of natural resources}}, publisher = {Global Witness}, url = {https://globalwitness.org/en/campaigns/oil-gas-and-mining/us-policy-recommendations-for-combating-corruption-and-promoting-sound-governance-of-natural-resources/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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