Drilling Down: The Civil Society Guide to Extractive Industry Revenues and the EITI
This milestone publication provides step-by-step explanations of each phase of EITI implementation and unpacks the complex technical and strategic issues that activists face at each stage. Using real-world examples and data from multiple countries, Drilling Down illustrates the fundamental issues behind the EITI, including government accounting systems, types of extractive industry contracts, and the different fiscal regimes that control the flow of funds to and from governments.
Produced by Revenue Watch and authored by transparency and extractives industry expert David Goldwyn, Drilling Down is written specifically for civil society readers new to the challenges of extractive revenue management. In addition to the defining EITI concepts and stages of implementation, the book provides recommendations for interpreting an EITI audit and effectively communicating the results, and also explores advanced revenue management issues such as contracts and legal and economic frameworks, areas of vulnerability in accounting, and revenue and expenditure tracking.
The publication can be downloaded here.