Our regular review of news from the world of aid and development transparency, featuring details of the 50 organisations we’ll be assessing for the 2024 Aid Transparency Index and the updated methodology we’ll be using. Also featuring news and views on the mobilisation of private finance and opportunities to comment on DFC’s transparency policy and 2X Global’s certification approach.
We are pleased to announce which 50 aid and development organisations have been selected for inclusion in the 2024 Aid Transparency Index. Here we outline the selection criteria, which three organisations have been added and which three organisations have been removed from the Index. We also set out the timescale for data collection and analysis over the coming year.
We recently opened our Aid Transparency Index methodology to public consultation. In this blog we describe how stakeholders were consulted, and the resulting changes to the methodology for the 2024 Index.
The mobilisation of private finance for development outcomes was a central part of the discussions during the recent Paris summit, with more emphasis placed on the need to mobilise “at scale”. However, without improved measurement and increased transparency, it will be impossible to tell whether or not these new commitments deliver on their promises.
Our regular newsletter, featuring our recommendations for improving the transparency of 2X investments, our view on how USAID is measuring its 25% localization funding goal, plus news on climate, development and humanitarian finance.
USAID has just provided a detailed update on its goal to direct 25% of its funding to local actors by 2025. Earlier this year, Publish What You Fund investigated the measurement of this 25% target and concluded that the choice of methodology could determine whether more than US$1.4 billion of additional funding is channeled to local actors each year. So we have been taking a close look at USAID’s progress report and the measures used.
