The board of the Extractive Industries Transparency Initiative (EITI), a platform to promote open and accountable oil and mining sectors, met in Kyiv this week and adopted major revisions to its global Standard, which is currently implemented in 52 countries. The revised EITI Standard will be finalized this spring and ratified at the EITI Global Conference in June. “This week’s decision by the board of the EITI punctuates the fact that contract disclosure is now an established international norm. The new Standard will arm communities with the tools to better…
Read MoreEITI takes positive step toward greater transparency and gender equality
