D-EITI pilot for payment reconciliation becomes EITI standard procedure

🔎 The risk-based approach for quality assurance of financial flows from the raw materials sector, which was piloted by the D-EITI in 2020 and has been successfully implemented since then, has now gained international attention.

✅ It was recently confirmed by the international EITI Board as a new standard procedure for EITI-implementing countries.

🤝 Germany thus makes significant contributions to the development and strengthening of the EITI as a global transparency initiative.

👉 An overview of the new EITI ToRs can be found here: Explainer_ToRs for EITI reporting_0.pdf