International Transparency Initiative

The International Transparency Initiative, also known as the Extractive Industries Transparency Initiative (EITI), is a global movement aimed at promoting transparency in the management of natural resources, particularly in the oil, gas, and mining sectors. It encourages countries to disclose information about how they manage their resources and the revenues generated from them. By making this data public, the initiative seeks to reduce corruption, enhance accountability, and ensure that local communities benefit from their country’s natural wealth. Participating countries commit to regular reporting and independent validation, fostering trust between governments, companies, and citizens.