The UK Government have been a leading supporter of the Extractive Industries Transparency Initiative (EITI). DFID has committed £10.043 million to EITI and has so far provided £5.077 million of this since November 2002. Increasing transparency and knowledge of revenues from the extractive sectors empowers citizens to hold governments to account, so that mismanagement of funds away from sustainable development purposes becomes more difficult. In line with the EITI Global Conference's objectives, we will work with other stakeholders to take stock of EITI’s progress; to address the challenges which EITI faces; and to consider the next steps for taking forward the initiative.
The composition of the UK's delegation to the EITI Global Conference is yet to be finalised.