Ideas to Action:

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CGD Policy Blogs

 

US Backs Away from Its Commitment to Extractive Industry Transparency

The US Department of the Interior announced last week that the United States would no longer seek to comply with the Extractive Industries Transparency Initiative (EITI), an international multi-stakeholder organization that aims to increase revenue transparency and accountability in natural resource extraction. The move—while disappointing—is not altogether unexpected. And sadly, it will put the United States further behind the curve when it comes to corporate transparency.

A Key Question If You Are Reviewing Multilateral Organization Effectiveness: Do We Need a Multilateral Solution?

There’s increasing appetite in the US to follow the UK model and launch a review of US spending through international organizations like the United Nations and the World Bank. There is a lot to be said for such an exercise—my colleague Todd Moss even carried out a mock version for the US a few years ago which suggested plaudits for Gavi and the African Development Fund alongside brickbats for the ILO and UNESCO. But I think the model has a serious weakness if it is going to be applied as broadly in the US as some proposals, including a draft executive order making the rounds, imply. I’d argue for (preferably) limiting the review to like-to-like comparisons covering aid and development institutions or (at least) using different criteria for judging the many different types of international organizations.

Cutting UN Funding Will Cost the US

The New York Times reported yesterday that the Trump Administration is considering a new Executive Order that mandates cutting all funding to bodies that give full membership to the Palestinian Authority and fund abortion amongst other categories, but also suggests “at least a 40 percent overall decrease” in remaining US funding towards international organizations. The proposed cuts would do almost nothing to reduce the deficit while weakening US national security and international leadership.