Extractive Industries Transparency Initiative (EITI)

The EITI Standard is the global benchmark for transparency and accountability in the oil, gas, and mining sectors.As a framework for disclosure and multi-stakeholder oversight, the EITI Standard is designed to empower governments, industry and civil society to promote understanding of natural resource management; strengthen public and corporate governance and accountability; and provide the data to inform policymaking and debate.

By becoming a member of the Extractive Industries Transparency Initiative (EITI), countries commit to disclose information along the extractive industry value chain – from how extraction rights are awarded, to how revenues make their way through government and how they benefit the public. Through participation in the EITI, more than 50 countries have agreed to a common set of rules governing what has to be disclosed and when – the EITI Standard.