Blog Posts

Day 1 of the EITI Board meeting in Oslo

EITI stakeholders have good reasons to be proud of the achievements of the EITI.

At the international level, debates on transparency in the sector are unrecognisable from ten years ago, and the EITI is seen as being at the forefront of many frontier debates including beneficial ownership, commodity trading and artisanal and small-scale mining.

In this speech, held on 23 May at the Statoil office in Fornebu, Oslo, Statoil's CEO Eldar Sætre lays out why the company is engaged in the EITI. 

Good evening everyone and welcome to Statoil. lt's a great pleasure to host the EITI here in Oslo.

Oslo's nickname in Norwegian is 'Tigerstaden', the Tiger City, which came from its reputation, 150 years ago,

A new study finds that EITI membership has a statistically significant positive impact on a country’s mineral investment climate attractiveness. 

A country’s perceived geological potential is the single largest determinate of its ability to attract multinational mining companies to explore and exploit the mineral resources within its borders.

Bridging the information gap with the help of media

The EITI has been publishing reports for a decade now and our three stakeholders - governments, companies and civil society - regularly dig through and analyse the data. Unsurprisingly, all three groups are specialists in the extractive sector and conversations can quickly become a storm of acronyms.

Lessons learned on how resource-constrained government agencies can improve integrity due diligence in managing mining licenses.

On the first anniversary of the Panama Papers, the National Minerals Agency (NMA) of Sierra Leone wants to know who its doing business with. The NMA is the government agency responsible for issuing mining licenses.

New research finds that EITI membership has a positive impact on economic growth for resource-dependent countries, but has not yet been observed to have led to a significant improvement in the control of corruption.

The logic behind the EITI is that by increasing demands for transparency in the extractive industries, citizens will benefit more from their natural resource wealth because a more informed citizenry will hold their leaders accountable for how they manage the common resources (see the

A year ago, over 150 countries signed the Paris Agreement to limiting global warming. Although the EITI has no requirements directly related to climate change, there are some links between the two.  

Every year on Earth Day – 22 April – we are reminded of the dire state of our planet. A ray of hope emerged last year on this very day as the US,

African countries have led the way in tackling hidden ownership. Through their membership of the EITI, 25 African countries have committed to disclose the natural owners of the companies who bid for, operate or invest in the extractives sector. They have committed to disclose the names of any political exposed persons with ownership in the sector. They have developed detailed plans for how they will do all this by January 2020.

This blog is based on a survey undertaken by the EITI International Secretariat in January 2017. The results were presented to the EITI Board at its recent meeting in Bogota. The survey explores the status of EITI countries’ efforts in agreeing open data policies and providing EITI data in open formats. The survey will be repeated in 2018 to assess progress in addressing these issues.

Although no two Board meetings are ever alike, difficult discussions to find consensus on particularly challenging issues are as part of the EITI as any requirement in the Standard. At the Board level – just as in implementing countries – the EITI is a platform for stakeholders to find consensus on what can, in some case, be quite contentious issues.