Our work to increase the transparency of development finance institutions (DFIs) is off to a great start; with the support of an expert group of advisors, we have selected the five key focus areas for our work over the next 2.5 years. Rob Mosbacher, former CEO of OPIC, has chaired the first meeting of the Project Advisory Board that will guide the direction of our DFI Transparency Initiative.
In the run up to the OECD Private Finance for Sustainable Development conference we ask whether ten years from now, when progress against the Sustainable Development Goals (SDGs) is tallied, we’ll be able to measure the contribution made by Development Finance Institutions (DFIs) and the private finance they’ve mobilised.
On a recent visit to Nigeria we were keen to find out how aid and development data is currently being used, if at all, and with what impact. We wanted to know if there is demand for aid and development data, and if these demands are being met. We found two very different sides of the aid transparency coin – one wholly practical, and one intangible but arguably more important.
We are launching a new 2.5 year initiative to increase support for the transparency of Development Finance Institutions (DFIs). It follows a 12-month scoping exercise, and we’re now embarking on a focused, strategic programme to move things forward. Based on our initial research, and the previous work of academics, practitioners and policy-makers, we have set out a collaborative, evidence-based approach that we believe can inform and improve DFI transparency, accountability and decision-making.
Gary Forster and Henry Lewis are just back from Cox’s Bazar in Bangladesh. They have been finishing the research stage of our humanitarian transparency project –trying to understand the data needs and challenges of humanitarian actors on the ground, and how they might be addressed. In a new blog with our partners Ruba Ishak and Max Seilern from Ground Truth Solutions, they reflect on their experience in Bangladesh and the insights shared by interviewees who are dealing with one of the biggest refugee crises in the world.
Information sharing during protracted humanitarian emergencies can often be complex and face a number of barriers, particularly for local and national responders. Therefore, since January 2019 we have been working with Ground Truth Solutions to better understand the data needs and challenges of these types of humanitarian actors. Building on desk based research, key stakeholder interviews and an online survey, the project has reached the on-the-ground research phase. Whilst it is too early to share the final findings of the work, in this blog we share some reflections from the first of our two country deep dives; our trip in August 2019 to Erbil, Iraq.