LEITI MSG Endorses New Reporting Roadmap | News

The Liberia Extractive Industries Transparency Initiative (LEITI) Multi-Stakeholder Group (MSG) on Thursday, July 9, held its second quarterly sitting to deliberate on key issues related to the implementation of the EITI Standard in Liberia. 

The meeting brought together senior representatives from government, private sector, development partners, and civil society organizations to review ongoing activities, make strategic decisions, and provide oversight on critical aspects of LEITI’s work.

The Secretariat presented the scoping reports’ proposals for the production of the 17th and 18th LEITI Reports. The presentation outlined the proposed scope, reporting priorities, materiality threshold, reporting entities (extractive companies and government institutions), and key EITI disclosures to be captured in the draft and final reports.

Following the Secretariat’s presentation, members of the MSG reviewed the proposed propositions and discussed their relevance, completeness, and alignment with national priorities and the EITI International reporting requirements. 

Particular attention was given to ensuring that the reports adequately address emerging transparency issues in Liberia’s extractive sector, including anti-corruption, the energy transition, and beneficial ownership disclosures, among others. 

Several amendments were proposed to improve the scope and ensure that the reporting process adequately reflects the information needs of stakeholders while remaining consistent with the requirements of the 2023 EITI Standard.

After incorporating the agreed amendments, the revised propositions for the 17th and 18th LEITI Reports were presented for consideration. 

The MSG unanimously approved the amended propositions, authorizing the Secretariat to proceed with the next stages of the reporting process.

The Secretariat also provided an update on Liberia’s ongoing EITI Validation process. Members were informed of the progress made since the commencement of the validation, including engagements with the International EITI Secretariat, responses to requests for additional information, and the submission of supporting documentation demonstrating Liberia’s implementation of the EITI Standard. 

The Secretariat informed the MSG that the Validation process is still ongoing and that the Validation team is expected to communicate the final result soon. 

The Secretariat also highlighted key milestones achieved, outstanding actions, and officially presented the 2025 Performance Management and Contract System Award to the body. The Body also received an update on the Compliance Investigation Report. 

The second quarterly sitting concluded with members reaffirming their commitment to strengthening transparency and accountability in Liberia’s extractive sector.