The EITI sets a global standard for transparency in oil, gas and mining. It is...
- An effort to make natural resources benefit all
- A coalition of governments, companies and civil society
- A standard for companies to publish what they pay and for governments to disclose what they receive
Billions of revenues are being reported
EITI countries are increasingly publishing revenue data. Output doubled since 2009.
5th EITI Global Conference 2-3 March 2011
The next EITI Global Conference will take place in Paris from 2 - 3 March 2011.
US$ billions owed to government
The latest Nigeria EITI report on 11 August has shown financial discrepancies and outstanding payments totaling over US$5bn for oil and gas revenues generated by the sector in 2005
3.5 billion people…
…live in countries rich in oil, gas and minerals. Many of them suffer from poverty, corruption, and conflict stemming from weak governance. The EITI strengthens governance by improving transparency in the extractives sector.
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8 June 2010
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Jonas Moberg