Assessing Transparency in the Extractive Sector of the Republic of Moldova
Automatically translated summary. The full text is available in Romanian.
This report takes a first step towards assessing and promoting transparency in the extractive sector of the Republic of Moldova. It draws on the methodologies of the Extractive Industries Transparency Initiative and the Natural Resource Charter, adapted to the country's modest extractive industry and local conditions.
The extractive industry significantly affects the environment and society, so good governance matters even for countries with limited mineral reserves, such as Moldova. Internationally, the Extractive Industries Transparency Initiative (EITI) and the Natural Resource Charter offer working methodologies for assessing transparency and governance.
In Moldova the sector is not yet in the public eye, partly because the country lacks strategic resources such as hydrocarbons. Yet inefficient and opaque use of even limited resources could allow narrow interest groups to dominate, fuel corruption and degrade the environment, with the costs passed on to the population. The assessment uses a selected set of questions relevant to Moldova, covering the whole cycle of processes. Transparency is rated on a three-level scale: unsatisfactory, satisfactory and good.
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