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

The Extractive Industries Transparency Initiative

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5th EITI Members' Meeting

May 16, 2019
News

Announcement of EITI Members' meeting

The EITI Board will host a Members' Meeting, alongside the EITI Global Conference, on 17 June at 16:00 at the OECD Conference Centre, 2, rue André Pascal, Paris.
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Key facts

  • 52
    implementing countries
  • 2.5
    trillion USD revenues disclosed in EITI Reports (estimates from 394 fiscal years)
  • 394
    fiscal years covered in EITI reporting

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.

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