Primer: The Extractive Industries Transparency Initiative (EITI) (PDF 178.08 KB)
Provide transparency of information along the entire chain of decisions.
- The Extractive Industries Transparency Initiative (EITI) is an international, multistakeholder initiative that promotes transparency and accountability in the oil, gas and mining sectors through the disclosure of government and company data in resource-rich countries.
- To be EITI-compliant, participating countries must meet a minimum set of standards that deal with the quality of reporting and the multi-stakeholder process used to create reports. This is verified through a validation process.
- In 2013, the EITI expanded to require disclosure of information throughout the decision-making chain. It was previously focused on revenues paid to the national government.