Extractive Industries Transparency Initiative
The Extractive Industries Transparency Initiative (EITI) is an international initiative which requires its member countries to meet the global standard for a more open and accountable management of extractive resources. It requires the disclosure of information along the extractive industry value chain from the point of extraction, to how revenues make their way through the government and how it impacts the communities. It also requires the implementation of independent audits and the participation of civil society in monitoring state and private actors* performance.