Publish what you pay
Publish What You Pay (PWYP) is a global network of civil society organisations united in their call for oil, gas and mining revenues to improve the lives of ordinary citizens in resource-rich countries. PWYP undertakes public campaigns and policy advocacy to achieve disclosure of information about extractive industry revenues and contracts.
Caritas Australia is one of more than 600 international member organisations participating in the Publish What You Pay campaign.
More than half the world’s poorest people live in countries that are rich in natural resources, including oil, gas and minerals (eg. gold, copper and diamonds).
The extraction and export of these resources is a source of vast sums of government revenue but too often citizens have little information about the terms and conditions of the deals signed between extractive companies and their governments, or how much money is being generated.
Without this information, citizens are unable to hold governments and companies to account. Mismanagement of revenues and corruption thrive in such circumstances, resulting in entrenched poverty, poor governance and economic failure.
Lifting this veil of secrecy is crucial to ensuring that natural resource wealth benefits the country as a whole and serves as a basis for successful economic growth and poverty reduction.
Why is Caritas Australia helping?
Caritas Australia is guided by the principles of Catholic Social Teaching. When it comes to a share of the world’s resources, we believe in subsidiarity — all people have a right to participate in decisions that affect their lives, and stewardship of the environment — the world’s poorest communities should have access to a greater share of the earth’s resources, encouraging environmental sustainability and equity, and respect for the environment.
PWYP calls for the disclosure of:
- Payments by extractive companies to the government of each country in which they operate
- Revenues earned by governments from the oil, gas, and mining sectors
- Licensing arrangements and extractive industry contracts
- Other information critical to monitoring the deals made between extractive companies and governments.
You can help:
Head to www.publishwhatyoupay.org to read about their latest news, events and happenings around the world.