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Recent Trends in Extractive Industries and World Bank Response

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EITI++: Sound Governance<br />

along the Value Cha<strong>in</strong><br />

EITI++, or the value cha<strong>in</strong> approach, is a comprehensive,<br />

<strong>in</strong>tegrated approach to the management of extractive<br />

<strong>in</strong>dustry resources, to help resource-rich countries to<br />

leverage natural resource wealth for susta<strong>in</strong>able development<br />

+ EITI +<br />

Nonrenewable<br />

resources<br />

Access to<br />

resources<br />

Monitor<strong>in</strong>g<br />

of EI<br />

operations<br />

Collection<br />

of taxes +<br />

royalties<br />

Revenue<br />

management<br />

+ allocation<br />

Susta<strong>in</strong>able<br />

utilization of<br />

resources<br />

Inclusive &<br />

Susta<strong>in</strong>able<br />

Development<br />

The EITI++ approach has been used successfully by the<br />

Government of DRC to design a TA Project; now be<strong>in</strong>g a[[lied<br />

<strong>in</strong> Cameroon <strong>and</strong> Mauritania

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