Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a global organization aimed at promoting transparency in the oil, gas, and mining sectors. It encourages countries rich in natural resources to publicly disclose information about how much money these industries generate and how those revenues are used. By doing so, EITI helps combat corruption, ensures that citizens benefit from natural resource exploitation, and promotes accountability among governments and companies. Participating countries commit to regular reporting and verification, fostering trust between stakeholders and contributing to better governance in resource-rich nations.