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 for the United Nations 66th General Assembly, 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.”

USEITI Multi-Stakeholder Group

In order to achieve EITI candidate status, countries must meet certain sign-up requirements, including the formation of a multi-stakeholder group (MSG) comprised of representatives from government, industry, and civil society to oversee the implementation of EITI and develop a fully-costed work plan.

On February 13, 2013, the Department will hold the first meeting of the USEITI Advisory Committee, which Secretary Salazar established on July 27, 2012 under the Federal Advisory Committee Act to serve as the initial USEITI MSG. The Committee will provide collaborative and consensus-based oversight of USEITI implementation and act as a forum for consultation among EITI stakeholders.

USEITI Advisory Committee
- First Meeting Agenda (PDF)
- Notice of First Meeting (PDF)
- Committee Charter (PDF)
- Committee Members (PDF)

USEITI News

DOI News: USEITI Advisory Committee First Meeting (1/29/13)
Secretary Salazar Appoints Members to the U.S. Extractive Industries Transparency Initiative Committee (12/21/12)
Interior Extends Deadline for Nominations to Committee on U.S. Extractive Industries Transparency Initiative (8/22/12)
DOI Announces Establishment of Committee to Oversee Implementation of U.S. Extractive Industries Transparency Initiative (7/26/12)
Other News