Security Council Underscores Need for Peacekeeping Mandates to Consider Helping States Prevent Illegal Exploitation of Natural Resources from Fuelling Conflict

EITI gets at least five mentions in this press release, one each from: Germany, Italy, and Japan, in the Presidential Statement, and a statement from the Under-Secretary General for Political Affairs, B. Lynn Pascoe.

From the Presidential Statement:

The Security Council acknowledges the crucial role that the Peacebuilding Commission, together with other United Nations and non-United Nations actors, can play in post-conflict situations, in assisting Governments, upon their request, in ensuring that natural resources become an engine for sustainable development. In this regard, the Security Council recognizes the role of voluntary initiatives aiming at improving revenue transparency, such as the Extractive Industries Transparency Initiative.  The Security Council also stresses that the use, disposal and management of natural resources is a multifaceted and cross-sector issue that involves various United Nations organizations.  In this regard, the Security Council acknowledges the valuable contribution of various United Nations organizations in promoting lawful, transparent and sustainable management and exploitation of natural resources.