Cordaid’s extractives expert, Eelco de Groot, has been appointed full member of the board of the Extractive Industries Transparency Initiative.
The Extractive Industries Transparency Initiative (EITI) is a powerful multi stakeholder group consisting of representatives of the biggest oil and mining companies, governments and civil society. Its aim is to increase transparency over payments by companies to governments and government-linked entities, as well as transparency over revenues by those host country governments.
De Groot will be full board member for the period 2013-2015. As such he aims to make sure local communities living in resource-rich areas are informed about the profits deriving from those resources.