The Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative was announced by UK Prime Minister Tony Blair at the World Summit on Sustainable Development in Johannesburg, September 2002.

Its aim is to increase transparency over payments by companies to governments and government-linked entities, as well as transparency over revenues by those host country governments.

Revenues from oil, gas and mining companies, in the form of taxes, royalties, signature bonuses and other payments should be an important engine for economic growth and social development in developing and transition countries. However, the lack of accountability and transparency in these revenues can exacerbate poor governance and lead to corruption, conflict and poverty.

Recent EITI News

• First Edition of EITI Newsletter file size 58 kb
• EITI Newsletter June 2004 file size 292 kb
• Ghana publishes extractive industry revenuefile size 803 kb
• Nigeria takes the lead on oil revenue transparency
• Azerbaijan becomes EITI pilotfile size 11 kb
• World Bank formally endorses EITI
• Report on the June Conference 

Key Documents and Translations

Core Script

• Core Script - English file size 14kb
• Core Script - Russian file size 113kb 
• Core Script - French file size 77kb

Statement of Principles and Agreed Actions

• Statement of Principles and Agreed Actions - English file size 17kb
• Statement of Principles and Agreed Actions - Russian file size 136kb 
• Statement of Principles and Agreed Actions - French  file size 78kb

Reporting Guidelines

• Reporting Guidelines - English  file size 765kb
• Reporting Guidelines - Russian file size 1016kb 
• Reporting Guidelines - French file size 840kb
• Reporting Guidelines - Mining file size 594kb (draft)

Back to top