EITI-MDTF closed on December 2015. EITI as a program is now supported under the Extractives Global Programmatic Support (EGPS).
Extractive Industries Transparency Initiative (EITI) supports improved governance and transparency in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas and mining activities. Countries implementing EITI work to implement the Standard set by EITI to deepen transparency of the sector and bring together stakeholders from the government, private and civil society sectors to work together toward strengthening governance of extractive industries.
The Extractive Industries Transparency Initiative (EITI) Multi-Donor Trust Fund (MDTF), which is administered by the World Bank, provides grants and technical assistance to countries to implement the EITI principles. Currently a total of 51 countries are implementing EITI, of which 31 are compliant. You can see more information on the status of each EITI implementing country at www.eiti.org.
The Extractives team of the EEGP manages the EITI MDTF, which provides funding for technical assistance support to countries for implementing the EITI.
Country governments are invited to support the MDTF to assist the World Bank's efforts in implementing the EITI. Those making a contribution of over $500,000 are invited to sit on the EITI MDTF Management Committee. Following are the contributions to the MDTF from the donor countries:
Australia — Department of Foreign Affairs and Trade (DFAT): US$15,508,000
Belgium — Directorate General for Development Cooperation (DGDC): $1,395,000
Canada — Department of Foreign Affairs, Trade and Development (DFATD): $12,520,000
Denmark — Ministry of Foreign Affairs: $458,000
European Union — Commission of the European Communities: $1,496,000
Finland — Ministry for Foreign Affairs: $1,062,000
France — Ministry of Economy, Finance and Industry: $1,811,000
Germany — Bundesministerium für Wirtschaftliche Zusammenarbeit: $2,679,000
Japan — Ministry of Foreign Affairs: $557,350
Netherlands — Minister for Development Cooperation (MDC): $1,500,000
Norway — Ministry of Foreign Affairs: $1,728,000
Spain — Ministry of Foreign Affairs: $4,925,000
Switzerland — State Secretariat for Economic Affairs (SECO): $1,500,000
United Kingdom — Department for International Development (DFID): $10,849,000
United States of America — U.S. Agency for International Development (USAID): $13,476,000
The EITI is a global coalition of governments, companies and civil society working together to improve accountability in the management of revenues from natural resources, such as oil, gas, metals and minerals. This is the report for fiscal year 2015.