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The potential role of EITI in fighting corruption and IFFs

This expert answer focuses on the potential of the data contained in the Extractive Industry Transparency Initiative (EITI) reports to help improve governance and fight corruption. The first section explains why extractive industries are especially prone to IFFs. The second section explains the main mechanisms through which EITI aims to contribute to fighting corruption and improving governance. This section also explains the most important changes made to the EITI standard in 2016. The third section looks at ways in which the EITI report data has been used, but also points out its current shortcomings. The final section gives a short overview of the legal barriers for EITI implementation.

21 October 2016
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This publication is from 2016. Newer material may be available. Please search related topics and keywords.

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Kukutschka, R.; (2016) The potential role of EITI in fighting corruption and IFFs. Bergen: U4 Anti-Corruption Resource Centre, Chr. Michelsen Institute (U4 Helpdesk Answer 2016:16)

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Roberto Martinez B. Kukutschka

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All views in this text are the author(s)’, and may differ from the U4 partner agencies’ policies.

This work is licenced under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International licence (CC BY-NC-ND 4.0)

Keywords


illicit financial flows, corruption, extractive industries, EITI – Extractive Industries Transparency Initiative, anti-corruption policy