In today’s evolving economic and business landscape, reliable access to data has become a necessity. Nowhere is this more evident than in the extractive sector which continues to play a critical role in Trinidad and Tobago’s economy.
The Extractive Industries Transparency Initiative (EITI) is a global standard that promotes open and accountable management of natural resources. Implemented in more than 50 countries, the EITI Standard requires countries to publicly disclose key extractive sector information including revenue, environmental disclosures, contracts, beneficial ownership and State-owned enterprise governance. The aim is to ensure that citizens understand how natural resources are governed and how the benefits are shared.
In Trinidad and Tobago, the EITI Standard is implemented through the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI). Through independently verified reports and public data tools, TTEITI brings together government, industry, and civil society to strengthen transparency and accountability in the extractive sector. These disclosures provide insight into how revenues are collected, how companies operate, and how the sector contributes to national development.
