1. Extractive Industries Transparency Initiative The global standard for resource revenue transparency

2. 10 yearsagotheextractivessectorwas veiled in secrecy, fraughtwithallegationsofcorruptionand harmingtheinvestmentclimatein resource-rich-countries

3. Todayalmost1 billionpeople in 35countries have the right to seehowmuchtheirgovernmentsarepaid from extractionoftheircountries’ resources

4. EITI (Extractive Industries Transparency Initiative) is a global coalitionofgovernments, companies and civilsociety

5. Togetherthey have developedtheEITI standard thatsets a level-playingfieldfor companies operating in thecountriesthatfollowthe standard

6. WhencountriesfollowtheEITI standard, extractivecompanies operating there have to publishwhattheypayto thegovernment in taxes, lisencefees and royalties.

7. the government has to disclose what it receivesfrom these companies.

8. These figures are compiled and reconciled independently into an EITI Report

9. In 2009, Liberia’scitizenssaw for the first time whatminingcompaniespaid to thegovernment

10. EITI in Liberia has provided a platform for debatinghowitsnaturalresourcesaremanaged

11. As the first OECD country, Norwaystartedfollowingthe EITI standard in 2009 At a lowcost, Norway’s EITI has independentlyconfirmedthatits management ofnaturalresources is transparent

12. In the Central African Republic they are including payments from small-scale mines

13. For further information Visit the EITI website at www.eiti.org Sign-up to the EITI Newsletter at the website Send us an email at secretariat@eiti.org Follow us on Twitter @EITIorg