The Extractive Industries Transparency Initiative (EITI) is the global standard to promote the open and accountable management of oil, gas and mineral resources.
Guided by the belief that a country’s natural resources belong to its citizens, the EITI has 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 the point of extraction, 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 51 implementing countries, the EITI is supported by a coalition of government, companies, and civil society.
The EITI Standard requires information along the extractive industry value chain from the point of extraction, to how the revenue makes its way through the government, to how it benefits the public. This includes how licenses and contracts are allocated and registered, who are the beneficial owners of those operations, what are the fiscal and legal arrangements, how much is produced, how much is paid, where are those revenues allocated, and what is the contribution to the economy, including employment. Discover how we are addressing these issues with our countries:
The EITI seeks to strengthen government and company systems, inform public debate and promote understanding.
In each of the implementing countries, the EITI is supported by a coalition of government, companies, and civil society.
The Standard is upheld by the international EITI Board.
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The EITI Standard requires countries and companies to disclose information on the key steps in the governance of oil, gas and mining revenues:
Countries who want to improve the way they manage their natural resources can apply to become an implementing country. In order to achieve satisfactory progress on implementing the Standard, they need to meet requirements on transparency and accountability.
The International Secretariat of the EITI supports countries in implementing the EITI Standard. It is located in Oslo, Norway.
The Secretariat further serves the Board. It is responsible for this website. You can contact us via email@example.com.