EITI Board adopted the revisions to the EITI’s key performance indicators (KPIs).
EITI Board adopted the indicators as listed in Tables 1-5 for measuring the results of the EITI Management and Secretariat.
First, that the secretariat effectiveness KPIs are revised to better distinguish between efforts and effectiveness of the EITI (i.e. inputs and activities) and the immediate results of these efforts (i.e. outputs).
Second, that Validation findings are used as indicators for measuring outcomes of EITI implementation. The new outcome indicators, based on Validation results, are all necessary to properly influence (i) national governance of natural resource wealth, (ii) investment and business climates, and (iii) sustainable economic growth and development; all of which are the broadly stated objectives from the EITI Principles. The proposal also contains changes to the big picture indicators. This proposal is based on the suggestion that the EITI Standard is the best way we have to capture the EITI’s international outcomes as a national-level theory of change.
Last, that a large number of indicators are maintained. The reduction in indicators from 93 to 89 is only slight but due to greater data availability and the quality of the information, the data will be significantly easier to collect, monitor and analyse.
Where: 40th Board meeting in Berlin, Germany
Based on: Article 12, Articles of Association
- Internal: Board paper BP-40-4-C Updating Key Performance Indicators of the EITI
- Public: Minutes of Oslo Board meeting, Measuring impact: EITI's key performance indicators
Keywords: EITI governance