US Adds to Global Fund for Resource Revenue Transparency

The

has contributed USD6 million to the trust fund facility of the Extractive Industries Transparency Initiative, a worldwide coalition tasked to set standards for transparency in oil, gas and mining. The initiative is administered by the World Bank and implemented in 30 developing countries.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.