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Garzweiler surface mine in Germany

Navigating the energy transition

Data and dialogue to strengthen extractive sector governance

How EITI data and dialogue can be used to support accountable decision-making in a changing industry

Changes in the global energy landscape present both opportunities and challenges for countries reliant on the extractive sector. For countries producing oil, gas and coal, there is uncertainty about the long-term viability of projects and potential declines in government revenues. For producers of transition minerals, there are prospects for new investments and revenue streams, but also challenges related to market volatility. Beyond affecting public finances, the energy transition poses corruption risks as well as social and environmental impacts.

These opportunities and challenges are not new. But the unprecedented speed and scale of change underscores the urgency of strengthening governance. Only by doing so can the world achieve its decarbonisation goals while benefitting resource-rich countries and their citizens.

Data is needed to inform forward-looking analysis, policy responses and public debate, as well as dialogue on the energy transition’s implications. This policy brief details how EITI implementation can help stakeholders navigate the energy transition in five important ways.