The Department of Finance (DOF) said the Philippines will host the 2026 Extractive Industries Transparency Initiative (EITI) Global Conference in Manila, marking the first time the event will be held in Asia.
The move underscores the country’s commitment to transparency, accountability, and good governance in its extractive sector.
“We are the first ever country to host this Global Conference in the region. And that alone sends a strong message that the Philippines is leading by example—not only in upholding EITI’s principles, but in embedding good governance and sustainable resource management at the heart of our extractive industries,” Finance Secretary and PH-EITI chair Ralph Recto said.
The EITI is a global standard promoting open and accountable management of oil, gas and mineral resources, with member countries committing to full transparency across the extractive value chain. The Philippines joined the initiative in 2013 and is part of a coalition of over 50 implementing countries.
Scheduled for June 2026, the conference is expected to draw thousands of stakeholders from governments, industry, civil society and academia to discuss the future of natural resource governance.
Key topics will include anti-corruption efforts, domestic resource mobilization, and responsible resource governance policies. The event will also explore innovations in data use and transparency, as well as emerging issues and challenges facing the extractives sector.
The conference comes as the Philippine Congress recently ratified the Enhanced Fiscal Regime for Large-Scale Mining Act. This DOF-led reform aims to modernize the outdated tax structure, ensure a fair government share in mining revenues, and strengthen environmental and investor safeguards. The reform simplifies the fiscal system, offering stability and predictability to investors while supporting responsible and sustainable mineral development.
The PH-EITI is comprised of various government agencies, including the Department of Environment and Natural Resources-Mines and Geosciences Bureau (DENR-MGB), the Department of Energy (DOE), and the Department of the Interior and Local Government (DILG), alongside the Union of Local Authorities of the Philippines (ULAP).
Industry representation includes the Chamber of Mines of the Philippines and the Petroleum Association of the Philippines (PAP), while civil society is represented by Bantay Kita-Publish What You Pay Philippines (Bantay Kita-PWYP).
