EITI definition

EITI means the Extractive Industries Transparency Initiative, a coalition of governments, companies, civil society groups, investors and international organizations which aims to strengthen governance by improving transparency and accountability in the extractives sector.

EITI means the Extractive Industries Transparency Initiative.

EITI means Extractive Industry Transparency Initiative.

Examples of EITI in a sentence

• The country will be considered an EITI candidate and requested to undertake corrective actions until the second Validation.

• Any gaps or weaknesses in reporting to the Independent Administrator must be disclosed in the EITI Report, including naming any entities that failed to comply with the agreed procedures, and an assessment of whether this is likely to have had material impact on the comprehensiveness of the report.

• In accordance with Requirement 4.9.a, the EITI requires an assessment of whether the payments and revenues are subject to credible, independent audit, applying international auditing standards.

• Any gaps or weaknesses in reporting to the Independent Administrator must be disclosed in the EITI Report, including naming any entities that failed to comply with the agreed procedures, and an assessment of whether this is likely to have had material impact on the comprehensiveness and reliability of the report.

• Pursuant to the Validation Process, the EITI Board will make an assessment of overall compliance with all requirements in the EITI Standard.…iv.

More Definitions of EITI

EITI means the Extractive Industries Transparency Initiative of the World Bank, a multi country initiative pursuant to which the Recipient, for its part, has by a memorandum of understanding dated April 4, 2008, signed by the minister of finance of the Recipient and development partners, committed to carrying out specific programs, policies, and actions relevant to its extractive industries.

EITI means the Recipient’s Extractive Industries Transparency Initiative.

EITI means the Extractive Industries Transparency Initiative. "ENH" means the Mozambique Empresa Nacional de Hidrocarbonetos. "ENI" means ENI S.p.A.

EITI means the Extractive Industry Transparency Initiative which is a standard by which information on the oil, gas and mining industries is published;

EITI means the Extractive Industries Transparency Initiative. "ENI" means ENI S.p.A.

EITI means Extractive Industries Transparency Initiative, an international organization which maintains the EITI standard, assessing the levels of transparency around countries’ oil, gas and mineral resources. Countries implement the EITI Standard to ensure full disclosure of taxes and other payments made by oil, gas and mining companies to governments

EITI means the intergovernmental organization Extractive Industries Transparency Initiative, and includes each of its divisions, subsidiaries, corporate parents, affiliates, controlled entities, joint ventures, related companies, predecessors, successors and assigns, board, advisory board and present and former officers, directors, partners, employees, agents, attorneys, accountants, advisory council, pro-bono consultants and representatives of any of the entities listed above, and any other person who currently or formerly acted or purported to act on its behalf, or who is or has been subject to the direction or control of, any of the entities listed above.