eiti.orgHistory of the EITI Extractive Industries Transparency

Skip to main content Main Menu Countries Data Latest Supporters Guide About More ENG English Français Русский Español Search Content * Close You are using an outdated browser. Upgrade your browser today to better experience this site. x Please enable JavaScript for full use of this site. The global standard for the good governance of oil, gas and mineral resources. The Extractive Industries Transparency Initiative Who We Are How We Work Countries Open data | Open for business Many EITI implementing countries have been adversely affected by a triple crisis – the Covid-19 pandemic, low and volatile commodity prices and decreased revenues from the extractive sector. Providing support is a priority for the EITI during this period. This is why we created the Covid-19 Resource Centre, which includes guidance on EITI flexible reporting, revised Validation schedules and useful tools to support EITI implementing countries. Learn more News and blog posts See all Armenia: On a fast track to greater transparency Jul 17, 2020 News Twelve years of transparency: How EITI implementing countries are progressing in the Open Budget Survey Jul 9, 2020 Blog Post Towards a more gender-inclusive extractives sector Jul 2, 2020 Blog Post Beyond Covid-19: Building resilient and accountable extractives governance Jul 2, 2020 News Measuring up: How to assess the EITI’s impact Jun 19, 2020 Blog Post See all EITI Progress Report 2020 The Progress Report is the EITI’s annual overview of the progress to improve transparency and governance of natural resources in the EITI countries around the world. This edition presents success stories of transparency across the extractives sector value chain in more than 20 countries, from the disclosure of extractives agreements to the monitoring of revenue transfers to local communities. Read the report Transparency in Transition - Climate Change, Energy Transition and the EITI The transition to a sustainable, decarbonised economy is now reshaping the extractive industries. It will have profound implications for the kinds of data, disclosures and dialogues that will be required to support accountability and good governance. Building on a series of discussions with EITI stakeholders that started in June 2019, this paper explores the implications of the transition to a sustainable, decarbonised economy for countries implementing the EITI. Read the report 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 53 implementing countries, the EITI is supported by a coalition of government, companies and civil society. Learn more about the value chain The EITI Standard Learn more about EITI Video of EITI 2019 The EITI Standard requires countries and companies to disclose information on the key steps in the governance of oil, gas and mining revenues: Natural resources Contracts & licenses Production Revenue collection Revenue allocation Social & economic spending Public benefit The global standard for the good governance of oil, gas and mineral resources. EITI International Secretariat Rådhusgata 26, 0151 Oslo Norway +47 222 00 800 secretariat@eiti.org Footer Information Menu Home Countries About News Publications Data Internal Voice a concern Footer Navigation Menu Contact us Jobs Privacy Policy Logo and visual identity Stay connected LinkedIn Twitter YouTube facebook Newsletter Content Use Policy Unless otherwise noted, you may republish our content for free. Please give credit to our source (for web, with direct link, for print with EITI International Secretariat, eiti.org). Close Search Content * Site Navigation Countries Data Latest Supporters Guide About The EITI Standard Topics Beneficial ownership Contract transparency Systematic disclosure Role of SOEs Commodity trading The EITI Value Chain Legal framework and taxes Exploration and production Revenue collection Revenue allocation Social and economic spending Oversight of the EITI Outcomes and impact of the EITI Artisanal and small-scale mining Events & media mentions Events Mentions Publications About Who we are How we work FAQs Benefits Videos The EITI Board The EITI Secretariat Governance Funding Jobs History Tenders Contact Glossary see all Stay connected LinkedIn Twitter YouTube facebook Newsletter...