Global Extractive Industries Transparency Initiative (GEITI)

The Global Extractive Industries Transparency Initiative (GEITI) is an international effort aimed at promoting transparency in the extraction of natural resources, like oil, gas, and minerals. It encourages countries to disclose how much money companies pay to governments and how those funds are used. By fostering open reporting and accountability, GEITI helps reduce corruption and ensures that citizens benefit from their country's natural wealth. The initiative seeks to create a fairer and more sustainable relationship between governments, companies, and communities involved in resource extraction.