The Extractive Industries Transparency Initiative (EITI) implements the global standard to promote the open and accountable management of oil, gas and mineral resources.
The EITI Standard requires the disclosure of information along the extractive industry value chain from the point of extraction, to how revenues make their way through the government, and how they benefit the public. By doing so, the EITI seeks to strengthen public and corporate governance, promote understanding of natural resource management, and provide the data to inform reforms for greater transparency and accountability in the extractives sector. In each of the 56 implementing countries, the EITI is supported by a coalition of government, companies, and civil society.
The EITI seeks to strengthen government and company systems, inform public debate and promote understanding. In each of the implementing countries, the EITI is supported by a coalition of government, companies, and civil society.
The Standard is upheld by the international EITI Board.
The EITI Standard requires countries and companies to disclose information on the key steps in the governance of oil, gas and mining revenues:
Countries who want to improve the way they manage their natural resources can apply to become an implementing country. In order to achieve satisfactory progress on implementing the Standard, they need to meet requirements on transparency and accountability.