Strengthening transparency: New frontiers in EITI reporting

As the extractive sector evolves, countries are beginning to expand the scope of EITI reporting to strengthen governance and align disclosures with national priorities. While many countries are still in the early stages of adopting the 2023 EITI Standard, some are leveraging their EITI reporting to shed light on illicit financial flows, strengthen oversight of state-owned enterprises (SOEs), enhance transparency in artisanal and small-scale mining (ASM) and address climate commitments. Countries are also advancing contract transparency and beneficial ownership disclosure, thereby improving oversight of extractive deals and company ownership structures to prevent corruption and hidden interests.

The examples below showcase innovations in EITI reporting, demonstrating how countries are adopting the 2023 EITI Standard to strengthen sector transparency and reflect national governance priorities.

Financial integrity and illicit flows

• Burkina Faso’s 2022 report examines illicit financial flows, detailing the government’s anti-fraud efforts, including the seizure of fake gold bars worth over USD 15 million.
• Mauritania introduced a risk-based approach to categorising payment flows by risk levels, enhancing reporting efficiency.
• Madagascar compared gold trading data with the UN’s Comtrade database to identify potential gold smuggling risks.

Artisanal and small-scale mining (ASM)

• Mauritania formalised ASM through MAADEN Mauritania, a new state-owned enterprise managing gold mining, which reported paying nearly USD 70 million in fiscal contributions to the government.
• Ghana published a thematic report on ASM and provided insights into its Gold4Oil programme, which uses gold to stabilise foreign exchange reserves and curb inflation.

Gender and social inclusion

• Senegal’s EITI Report highlights efforts to integrate women into mining project planning and safeguard their rights to land ownership and fair compensation. However, the Women in Mining (WIM) Senegal Index scored 44/100, revealing persistent wage gaps and barriers to leadership roles.
• Argentina: Through its online reporting platform (SIACAM), the government reports mining employment figures broken down by gender for each province, which is further disaggregated by education levels, nationality and subsector.

Environmental and energy transition reporting

• Armenia's report includes climate commitments, greenhouse gas (GHG) strategies and subsoil contract transparency.
• Sierra Leone disclosed renewable energy projects for the first time and outlined its Nationally Determined Contributions (NDCs) and reforms related to the energy transition.
• Peru provided detailed data on national water management, including water licensing, climate regulations and environmental fines.

Technology and data accessibility

• Indonesia published a digital EITI Report, hosted on a government data portal.
• Germany continuously updates its EITI reporting portal, providing real-time access to financial and contextual data.
• Netherlands launched a data visualisation tool offering an overview of financial reporting. It also published a thematic report on the impact of the country's energy systems on public resources, the climate and the environment.

Revenue disclosures and economic impacts

• Senegal's 2023 report introduced new revenue graphs, showing that 92.6% of budget contributions came from the mining sector, with BP Senegal and Woodside Energy as key contributors.
• Nigeria’s oil and gas report highlights potential investment opportunities and economic benefits based on government-approved field development plans.
• Trinidad and Tobago’s State of the Extractive Sector report highlights a 33% drop in royalties and halved profits from production-sharing contracts from 2023 to 2024.

Strengthening EITI reporting for the future

EITI countries are leveraging the 2023 EITI Standard to make extractive sector data more accessible, actionable and aligned with national priorities. From real-time digital platforms to risk-based disclosures, these innovations are helping shape how governments, industry and civil society use data to drive accountability and reform. To sustain this momentum, the EITI has introduced new Terms of Reference for EITI reporting, ensuring that disclosures remain timely, meaningful and impactful in strengthening governance and public trust.