Measuring impact Monitoring outcomes from EITI implementation Driving impact is key to sustain financial support and promote learning. In 2022, the EITI commissioned an independent evaluation to assess its relevance, effectiveness, impact and sustainability. It has also streamlined its key performance indicators (KPIs) and committed to develop a measurement framework that can be adapted by implementing countries. The EITI is following up on the recommendations of the independent evaluation and is providing support to multi-stakeholder groups on embedding an approach of monitoring, evaluation and learning (MEL) in their work planning. Moving forward, the EITI will build on the results of the independent evaluation to understand how it can continue to maintain its relevance and strengthen its impact in the face of an evolving global energy landscape. Key findings from the independent evaluation The recent evaluation found that the EITI’s multi-stakeholder model is valuable to national extractives governance and that EITI implementation contributes to increased transparency, civic participation and accountability, though challenges persist in some countries. While the EITI was generally deemed effective, relevant and sustainable, relevance varies across implementing countries, and is strengthened by stable political environments as well as supportive policy and legislation. The evaluation identified transparency and accountability as significant impacts of the EITI, with the potential for broader governance impacts. However, improvements to extractives governance were not consistently reported across all countries that were studied. Earmarked national budget allocation was considered the most sustainable funding model for EITI implementation, but funding challenges affect some countries’ ability to meet newer provisions of the EITI Standard. Redesigning the EITI’s key performance indicators In 2018, the EITI introduced a set of KPIs to measure and monitor the effectiveness of the EITI’s international management. These indicators also considered Validation results to measure the effectiveness of EITI implementation at the country level. In 2023, the EITI Board agreed on new KPIs that are more fit for purpose and will function as accountability and oversight tools moving forward. These indicators focus on performance against work plans, updated Validation metrics, global indicators (for example on civic space), company engagement and satisfaction surveys. PHOTO CREDIT: ITIE TOGO A mining community in Togo meets to discuss findings from EITI reporting. 51 Twenty years of extractives transparency