Providing countries with grants and technical assistance
to implement the EITI principles

Four New Countries Join the Extractive Industries Transparency Initiative, Three New Donors Support Implementation through the World Bank–Joint press release from the EITI Secretariat and the World Bank after the EITI Board Meeting and support meetings at the World Bank, May 12-15, 2009

The Extractive Industries Transparency Initiative (EITI) multi-donor trust fund provides countries with grant resources to implement the EITI principles of revenue transparency. The World Bank Oil, Gas, and Mining Policy and Operations Division (COCPO) supports EITI implementation at country level and globally. The Division administers the EITI multi-donor trust fund (MDTF) to which a number of donors have contributed for this purpose.

The MDTF is part of the Global Partnership Programs under the Sustainable Development Network (SDN) Vice Presidency.

The global EITI, established in 2003, promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.