There is an increased need for clear and consistent data on the extent to which bilateral and multilateral donors are prioritizing gender equality in their financing, and to what end. Without accurate data on the funding of and results from gender equality projects, we cannot hold donor institutions accountable for their gender equality commitments, nor ensure that funds spent are meeting populations’ needs. Preliminary findings from the Gender Financing Project shed light on how donors are spending on global gender equality—and what we still don’t know based on available data.
A recent announcement by the OECD-DAC on new rules for how debt relief will be counted as ODA has raised questions around aid allocation and transparency in this area. With a looming debt crisis, the role of debt relief is looking increasingly important. In this blog we examine what we currently know about data on debt relief, how it is reported, and the data gaps. We consider the implications of the new rules for the transparency of ODA.
Karen Mathiasen is a strategic advisor to Publish What You Fund’s DFI Transparency Initiative. Here she draws on her decades of experience at the World Bank and the US Treasury to illustrate the challenges and opportunities for the IFC in light of the recent publication of their CAO review.
In our final 2020 Aid Transparency Index launch blog, Dr Kate Weaver of the University of Texas reflects on the influence of the Index and the limitations of the methodology. She calls for greater support to enable the Index to take the next steps in delivering the real promise of aid transparency – better, more accountable aid for all.
As part of our gender financing project, we are launching a series of data diaries. In the first of the series, we ask Megan O’Donnell, Assistant Director of the Center for Global Development’s gender program why gender-related data matters to her work, how she engages with the data, and what improvements she would like to see to make this data more transparent.
The recently launched 2020 Aid Transparency Index illustrates the balance needed between competition and co-operation for driving transparency. As a tool the Index is quite simple, we encourage the world’s major aid organisations to be more transparent by scoring and ranking their published aid data. In this blog, Elma Jenkins digs into how the Index works and how it drives transparency.