The global standard for the good governance of oil, gas and mineral resources.

The Extractive Industries Transparency Initiative

2019 EITI Global Conference

Hosted by the Government of France on 18-19 June 2019 in Paris, the 8th EITI Global Conference gathered more than 1000 stakeholders from around the globe to take stock of progress and priorities in extractives transparency.

Centered around the theme "Open Data, Build Trust", the EITI Global Conference addressed how extractives governance can be harnessed for inclusive development. The programme featured a wide variety of sessions and speakers to reflect the diverse, multi-stakeholder interests in the sector, with a particular focus around mainstreaming extractives data into government and company systems so as to facilitate openness, improve decision-making and enhance trust.

Improving transparency and governance along the value chain

Guided by the belief that a country’s natural resources belong to its citizens, the EITI established a global standard to promote the open and accountable management of oil, gas and mineral resources. The EITI Standard requires the disclosure of information along the extractive industry value chain, from how extraction rights are awarded, to how revenues make their way through the government and how they benefit the public.

By doing so, the EITI seeks to strengthen public and corporate governance, promote understanding of natural resource management and provide the data to inform reforms for greater transparency and accountability in the extractives sector. In each of the 52 implementing countries, the EITI is supported by a coalition of government, companies and civil society.

2019 Global Conference

The EITI Standard requires countries and companies to disclose information on the key steps in the governance of oil, gas and mining revenues: