Extractive Industries Transparency Initiative (EITI)
To address these challenges, countries can implement the EITI Standard. This include that governments must disclose how much they receive from oil, gas and mining companies operating in their country and these companies must disclose how much they pay the governments. These figures are then reconciled by a third party and published in an annual EITI Report. The information in the EITI Report should contribute to public debate on how to improve the management of the country’s natural resources so that the wealth produced can benefit all citizens.