EITI Standard

The Extractive Industries Transparency Initiative (EITI) Standard promotes transparency in how countries manage their natural resources, such as oil, gas, and minerals. It encourages governments and companies to disclose their earnings and payments related to these resources, ensuring that citizens can see how much money is made and how it is spent. By fostering accountability, the EITI aims to reduce corruption and promote better governance, ultimately benefiting the economy and communities where these resources are found. Countries that implement the EITI demonstrate their commitment to transparency and responsible management of natural resource wealth.