The first ever ranking of the transparency of development finance institutions (DFIs) highlights a startling lack of public disclosure. The inaugural edition of the DFI Transparency Index examines the transparency of 30 DFI operations, with combined assets of $2 trillion. It reveals that across the board DFIs are insufficiently transparent.
The 2X Challenge has mobilised $11.4bn for women. But what do we know about these investments and how they’re advancing gender equality? Our team has looked back through the data to see how successful the 2X approach has been so far in channelling funds to women and girls. We found a transparency problem – and we’re calling for it to be fixed as part of the certification process.
On 13th July we launched the 2022 edition of the Aid Transparency Index. This was the 10th anniversary of the Index, and it marked a special moment. For the first time we’re witnessing data use examples flourishing. We’re seeing a variety of stakeholders, both locally and globally, using open aid data for research, programme design and engagement. Gary Forster summarises his key takeaways from the launch event.
The majority of the agencies in the 2022 Aid Transparency Index now publish good quality aid data. 31 organisations, the highest number to date, now score “very good” or “good”. But this 10th anniversary report contains a stark warning about the deterioration in quality of data between editions of the Aid Transparency Index.
The FCDO dropped 13.5 points in the 2022 Aid Transparency Index compared with DFID’s score in 2020. This means no UK agencies are in the “very good” category – the first time this has happened since the categories were introduced in 2013.
Many donors have adopted targets to direct more funding to local organisations. But past efforts to track funding flows have often struggled to agree on a definition of local. In this blog we present an approach we’ve been testing for six months. Using USAID as an example, we’ve been working to understand, interpret and present existing data in a way that enables stakeholders to undertake analysis and track funding based on their own definitions of local.