On 17 October 2012, the UN Capital Development Fund (UNCDF) released its aid information to the International Aid Transparency Initiative (IATI) Registry.
UNCDF publishing its data means that members of the public can now access aid information on its most recent fiscal period. The development will allow people to see where aid money has gone, and will enable partner country governments to better see what is happening in their country.
UNCDF Executive Secretary a.i., Christine Roth, said “UNCDF is committed to being transparent and to being accountable for all the contributions we receive […] By being accountable and transparent, we can be more effective in our work and make a real difference in people’s lives – from strengthening financial sectors to make them more inclusive, to helping local governments improve socio economic infrastructure and delivery of basic services.”
Publication to IATI’s common, open international standard will make this information much easier to find, use and compare. This in turn will help donors and developing country governments to plan and manage precious aid resources more effectively, and maximize the impact of aid in reducing poverty. And it will help parliaments, civil society organizations and citizens in both aid-giving and aid-receiving countries to hold their governments to account for aid spending.
“We recognize that credible and timely information is essential to deliver the knowledge and lessons from our development programs,” said Christine Roth. “Publishing our data IATI is the next step in enhancing our access to information for the multiple stakeholders of our work in the 48 world’s least developed countries. After publishing this initial IATI data set on the IATI registry UNCDF is committed to publish a second, more comprehensive and geo-enabled IATI data set in May 2013.”
UNCDF joined IATI in November 2011 during the Fourth High Level forum on Aid Effectiveness (HLF4), reinforcing the organization’s commitment to transparency and accountability. Other IATI members include, among others, the World Bank, the United Nations Development Programme, the European Commission, and The Global Fund to Fight AIDS, Tuberculosis and Malaria as well as donor countries including Australia, Canada, Denmark, Netherlands, Spain, Sweden, the United States and the United Kingdom. As of today, 92 organizations have published their data on the IATI registry.