Natural resources, such as oil, gas and minerals should benefit all citizens. Implementation of the EITI ensures transparency and better management of the steps along this value chain, and is overseen by a multi-stakeholder group in each country.
The EITI is a standard by which information on the oil, gas and mining industries is published. The EITI is not a prescription for governance of the extractive sector, rather a tool that informs the way the sector is governed.
The EITI Standard requires countries and companies to disclose information on the key steps in the governance of oil, gas and mining revenues: