Donors are expected to finalize details of the global standards on publishing aid information in a Feb. 9 meeting of the International Aid Transparency Initiative’s steering committee in Paris.
In the run-up to the meeting, 35 civil society organizations have urged donors to ensure that the standards will cover the release of up-to-date information on current and future aid flows as well the use of common definitions and formats that are compatible with partner countries’ budgets and systems, according to Publish What You Fund.
Aid transparency has been a buzz concept in the development sector since the 2008 aid effectiveness summit in Accra, Ghana. The recent financial and economic crises have further intensified the push for aid transparency, as funds for development initiatives are now being squeezed.
>> Aid Transparency: How it Will Affect Your Work
Check out “Full Disclosure: The aid transparency blog” to learn more about opportunities and challenges for donors and implementers alike that come with increased aid transparency.