UK Extractive Industries Transparency Initiative Multi-Stakeholder Group
皇冠体育app Extractive Industries Transparency Initiative (EITI) is a global drive to promote the open and accountable management of oil, gas and mineral resources. This group oversees its implementation in the UK.
皇冠体育app EITI ensures that each country manages its natural resources in a transparent and accountable way. In many resource-rich developing nations the benefits of resource extraction may be lost through mismanagement and corruption.
皇冠体育app initiative requires oil, gas and mining companies to voluntarily disclose their payments to government agencies. 皇冠体育app payments are then reconciled with government receipts from the companies. This data is published in the annual EITI reports.
皇冠体育app UK EITI Multi-Stakeholder Group is responsible for overseeing the implementation of the UK EITI. As a stakeholder-led initiative, the group comprises representatives from across industry, civil society and government.
To find out more about EITI, the work of the group, or for guidance on UK EITI reporting, please visit their website: