Project-level reporting is necessary for accountability
The Publish What You Pay-United States coalition along with global partners have advocated on the importance of project-level reporting requirements in transparency regulation governing the extractives sector.
Civil society organizations committed to transparency and accountability have made clear that to effectively carry out their work payment disclosures are only meaningful when made at the appropriate level of specificity.
Over the last several years Publish What You Pay member organizations around the world submitted letters to the Securities and Exchange Commission detailing the importance of project-level reporting to their work in holding extractive companies and governments accountable.
The following letters were submitted to the Securities and Exchange Commission’s rule-making record on Section 1504 of the Dodd-Frank Act:
Democratic Republic of Congo http://www.sec.gov/comments/df-title-xv/resource-extraction-issuers/resourceextractionissuers-68.pdf