Extractive Industries Transparency Initiative definition

Extractive Industries Transparency Initiative means a coalition of governments, companies, civil societies, investors and international organizations, which aims to strengthen governance by improving transparency and accountability in the extractive industries;

Extractive Industries Transparency Initiative and the acronym “EITI” mean the initiative supporting improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas and mining, and referred to in paragraph 3 of Part A of Schedule 1 to this Agreement.

Extractive Industries Transparency Initiative and the acronym “EITI” mean the non-profit association established in 2002 pursuant to the laws of the Kingdom of Norway, said association consisting of representatives of governments and relevant agencies, oil, gas and mining companies, investors, asset management companies and pension funds, local civil society groups and international non- governmental organizations engaged in a voluntary global compact for the improvement of transparency in countries that are dependent on extractive industries.

Examples of Extractive Industries Transparency Initiative in a sentence

• We are an active participant in the Extractive Industries Transparency Initiative.

• Relatedly, Afghanistan has signed up as a candidate to the Extractive Industries Transparency Initiative (EITI) which is intended to ensure that contracting for Afghanistan’s mineral resources is free of corruption.

• Canada urges Member States to follow the recommendations of the 2007 Kimberley Process Communiqué to strengthen government oversight of rough diamond trading and manufacturing by developing domestic legal frameworks similar to the Extractive Industries Transparency Initiative.

• We support voluntary participation in the Extractive Industries Transparency Initiative, which calls for regular public disclosure of payments by extractive industries to governments and reconciliation against recorded receipt of those funds by governments.

• Report on the Extractive Industries Transparency Initiative (EITI).

More Definitions of Extractive Industries Transparency Initiative

Extractive Industries Transparency Initiative means the voluntary global compact, launched in June 2003, aimed at improving transparency and accountability in the extractives sector, and which comprises a coalition of governments, enterprises, civil society groups, investors, and public international organizations.

Extractive Industries Transparency Initiative or “EITI” means the international compact of resource-exporting nations willing to abide by agreed international standards.

Extractive Industries Transparency Initiative or “EITI” means the voluntary global compact, launched in June 2003, aimed at improving transparency and accountability in the extractives sector, and which comprises a coalition of governments, enterprises, civil society groups, investors, and public international organizations.

Extractive Industries Transparency Initiative means the independent standard of extractive industries transparency voluntarily maintained by Ukraine internationally as adopted by the EITI International Secretariat and approved by the EITI International Board;

Extractive Industries Transparency Initiative and “EITI” each means the standard adopted by the Association for the Extractive Industries Transparency Initiative, an association established by Articles of Association adopted February 16, 2009, as the same may be amended from time to time.

Extractive Industries Transparency Initiative. (EITI) means an international convention comprised of representatives from government, private sector and civil society to monitor mining revenues;

Extractive Industries Transparency Initiative also described as “EITI” means a global initiative that provides standards for governing extractive industries;