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U.S. Extractive Industries Transparency Initiative




President Obama at the launch of the Open Government Partnership.

9/20/2011 – President Barack Obama at the launch of the Open Government Partnership in New York, where he announced that the U.S. was committed to implementing the Extractive Industries Transparency Initiative (EITI).

As part of the U.S. National Action Plan for the Open Government Partnership , the U.S. is committing to implementing EITI, which requires governments to publicly disclose their revenues from oil, gas, and mining assets, and for companies to make parallel disclosures regarding payments. By signing onto the global standard that EITI sets, the U.S. Government can help ensure that American taxpayers are receiving every dollar due for the extraction of these valuable public resources.

The National Action Plan states, “The Administration has already made important strides in reforming the management of our natural resources….Signing onto the EITI initiative will further these objectives by creating additional ‘sunshine’ for the process of collecting revenues from natural resource extraction….and enhancing the accountability and transparency of our revenue collection efforts.”

Learn More about EITI

  • EITI Fact Sheet (MORE)
  • EITI International Webpage
  • U.S. EITI Facilitator Webpage
  • Federal Advisory Committee (FACA) and Non-Federal Advisory Multi-Stakeholder Group (MSG) Comparison by Various Factors – Please note that the information provided here is not meant to supplant full legal review. (MORE)
  • FACA FAQs – The questions and answers below are factual in nature and are intended to supplement the information provided at the USEITI Public Workshop. (MORE)

USEITI News

  • 15-day Extension of Call for Nominations for the U.S. Extractive Industries (MORE)
  • Interior Extends Deadline for Nominations to Committee on U.S. Extractive Industries Transparency Initiative (MORE)
  • DOI Announces Establishment of Committee to Oversee Implementation of U.S. Extractive Industries Transparency Initiative (MORE)
  • DOI Announces Results of USEITI Implementation Assessment (MORE)
  • Stakeholder Assessment for the USEITI Implementation and MSG Formation (MORE)
  • Other News

Public Comment Period Summary including comments made at the public listening sessions, webinar, workshop and by written correspondence (MORE)

  • USEITI Public Comment Period: May 18-June 29, 2012 (MORE)
  • USEITI Public Comment Period: February 25 – April 9, 2012 (MORE)

 

Open Government News and Resources

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