The global standard for the good governance of oil, gas and mineral resources.

The Extractive Industries Transparency Initiative

The Opening up Ownership Conference - Sharing Practices, Building Systems

EITI international, in partnership with the Government of Indonesia and partners, hosted an international beneficial ownership conference in Jakarta, Indonesia on 23-24 October 2017. The Conference gave an opportunity to showcase best practices so far, discuss challenges, and provided peer-learning for speakers and participants.

Key facts

  • 51
    implementing countries
  • 2.3
    trillion USD revenues disclosed in EITI Reports (estimates from 332 fiscal years)
  • 346
    fiscal years covered in EITI Reports

Improving transparency and governance along the value chain

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.

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 Standard requires countries and companies to disclose information on the key steps in the governance of oil, gas and mining revenues: