EITI: Extracting Transparency

Source: Ethical Corporation Magazine
Date: 8 Apr 2022

The Extractive Industries Transparency Initiative is determined to stamp out embezzlement, but has its work cut out. When it launched in 2002 the Extractive Industries Transparency Initiative aimed high. A coalition of governments, companies, civil society groups and investors, it promised member countries an improved investment climate, strengthened accountability and good governance. Those outcomes would contribute to economic stability, it said, and prevent conflict in the oil, mining and gas sectors.

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