Governments should allocate ODA budgets through the channels that will most effectively alleviate poverty and contribute to the SDGs. How do we know that development finance institutions (DFIs) are an appropriate vehicle for ODA spend? In the latest blog in our series on DFI transparency, Gary Forster teams up with CAFOD’s Dario Kenner to explore how governments and shareholders can be confident that DFI investments are delivering impact and value for money. Taking the example of the UK’s CDC Group, they ask If CDC’s portfolio is making a game-changing contribution to the SDGs.
In this guest blog, Michael Roberts of Giveth.io reflects on the development of open data standards, the differing technology and approaches that have been adopted and what we can learn from this. He argues that initiatives like IATI must continue to focus on addressing internal organisational challenges on governance and capacity. He also contends that we should be open to new forms of technology integrations and not be locked into any one approach.
The Foreign Aid Transparency and Accountability Act (FATAA) was passed by Congress in 2016 to require the US agencies involved in implementing foreign assistance to publish detailed country-based information on their activities. The Office of Management and Budget (OMB) recently assessed how well the 22 agencies are complying with the data requirements. Our US representative Sally Paxton and the Brookings Institution’s George Ingram have been analysing the OMB report and conclude that it falls short in a number of ways. In this blog they summarise the gaps and missed opportunities.
As Publish What You Fund and others in the aid transparency community turn their energies toward improving data use, Ruth Levine and Joseph Asunka of the William and Flora Hewlett Foundation present six practical ideas that could speed up progress. These ideas could go a long way to increase the use of data by government officials, and the organisations and citizens working to hold their government officials accountable for results.
The new US Development Finance Corporation provides a rare opportunity to set up an agency from the beginning. We can learn from other development finance institutions (DFIs) as to what worked and what did not. This is an opportunity to reach higher, to innovate more, and to truly set a gold standard for transparency.
This post was written by George Ingram, Senior fellow at the Brookings Institution and Board Chair of Friends of Publish What You Fund. It was originally published on the Brookings Institution’s website on June 21st, 2018. On June 20, Brookings hosted the launch of the 2018 Aid Transparency Index, the only independent measure of aid transparency […]