The Extractives Global Programmatic Support (EGPS) Multi-Donor Trust Fund aims to support resource-rich developing nations in the governance of their oil, gas and mineral resources so they are used sustainably and transparently to reduce poverty and boost sustainable economic growth.
To achieve this objective, the EGPS provides support for programs ranging from transparency and governance, to legal and regulatory reform, local economic diversification, institutional strengthening and social and environmental sustainability.
Support for similar programs was previously provided through funding mechanisms such as the Extractive Industries Transparency Initiative Multi-Donor Trust Fund (EITI MDTF) and the Extractive Industries Technical Advisory Facility (EI-TAF); both closed at the end of 2015.
The EGPS brings support for strengthening governance and sustainability in the oil, gas and mining sectors into one funding vehicle so that programs are more holistic in nature and have greater impact along the entire extractive industries value chain.
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The EGPS supports comprehensive programs that focus on four components, which can be selected and customized as needed and relevant to each country’s circumstances.
Component 1: Transparency and Governance
Component 2: Legal and Regulatory
Component 3: Local Economic Diversification
Component 4: Institutional Strengthening and Social and Environmental Sustainability
The Extractives Global Programmatic Support (EGPS) Multi-Donor Trust Fund was launched in June 2015 and the portfolio and pipeline of projects is growing quickly. Here are a few examples of projects initiated to date.
The EGPS Multi-Donor Trust Fund has ten donors that have pledged approximately $35.5 million in support. These donors continue to demonstrate their strong commitment to translating the benefits from extractives into sustainable development for all.
EGPS works closely with the Extractive Industries Transparency Initiative (EITI) to deepen transparency and strengthen natural resource governance in countries throughout the world.
Albania EITI Support Project (P158380)
Dominican Republic EITI Support (P161434)
EITI Validation and Data Support Project (P155263)
Ethiopa EITI (P159798)
Iraq EITI Implementation Support (P160274)
Mongolia EITI Support Project (P158649)
Nigeria EITI Support (P162344)
Peru Sub-National EITI (P160633)
Philippines EITI Support Project Information Document (P157976)
Senegal EITI Support Project Information Document (P160022)
Ukraine EITI Support Project (P158379)
Zambia PP (P159717)