The Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) promotes openness and accountability in industries such as oil, gas, and mining. It encourages governments and companies to publish clear information about how much resources are extracted and the revenues generated. This transparency helps prevent corruption, ensures that resource wealth benefits the local population, and supports sustainable development. By providing reliable data, the EITI fosters trust, responsible management, and better decisions regarding natural resource use, ultimately promoting economic growth and reducing inequality in resource-rich countries.