EO 147 (s. 2013) — Creating the Philippine Extractive Industries Transparency Initiative (PH-EITI)

Status: operative
Confidence: high
Effective date: 2013-11-26

Full title: Creating the Philippine Extractive Industries Transparency Initiative

Signed: November 26, 2013 | President: Benigno S. Aquino III

Context

Builds on EO 79 (s. 2012) which committed the Philippines to participate in the global Extractive Industries Transparency Initiative (EITI). EO 79 §14 formalized the commitment; EO 147 creates the institutional machinery required for EITI compliance [EO 147, s. 2013, WHEREAS ¶3, 2013-11-26].

EITI is an international standard for transparency and accountability in mining, oil, and gas industries — requiring governments and companies to publish what companies pay in taxes/royalties and what governments receive.

Key Provisions

§1–2 — Creation: The Philippine Extractive Industries Transparency Initiative (PH-EITI) is instituted and operationalized through a Multi-Stakeholder Group (MSG), chaired by the Secretary of Finance (DOF) [EO 147, s. 2013, §§1–2, 2013-11-26].

§2 — MSG composition: 15 members in three equal groups: (a) 5 Government Representatives (chosen by the Mining Industry Coordinating Council; LGUs represented by ULAP); (b) 5 Business Group Representatives; (c) 5 Civil Society Organization (CSO) Representatives [EO 147, s. 2013, §2, 2013-11-26].

§3 — Terms and meetings: Three-year terms, renewable. Meetings quarterly or as needed; quorum = 3 from each sector; decisions by consensus [EO 147, s. 2013, §3, 2013-11-26].

§4–5 — Mandates and powers: MSG sets strategic direction, defines scope, removes barriers, publishes Country Work Plan, produces regular reports, selects independent administrator/auditor for reconciliation [EO 147, s. 2013, §§4–5, 2013-11-26].

§6 — Secretariat: PH-EITI Secretariat based at the DOF, composition determined by Finance Secretary in consultation with MSG [EO 147, s. 2013, §6, 2013-11-26].

§9 — Funding: Charged against DOF budget; authorized to receive foreign/domestic grants [EO 147, s. 2013, §9, 2013-11-26].

Policy Notes

PH-EITI’s energy-sector relevance is primarily through petroleum and mining revenue transparency: the Malampaya Fund (SAGF-151) remittances from Shell/Chevron/PNOC-EC are among the most significant extractive industry revenue flows in the Philippines
The tri-sector structure (government + business + CSO) mirrors the EITI international standard’s multi-stakeholder approach
See Philippine Extractive Industries Transparency Initiative (PH-EITI) for full entity and program detail

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