DI and Publish What You Fund welcome new G8 commitment.
The G8 is finally delivering on aid transparency promises with all countries committing to full and timely implementation of the International Aid Transparency Initiative (IATI). This includes France, Italy and Japan, for the first time.
Implementation of IATI is achievable and consistent with the goals of the Lough Erne Summit, as it provides a standard for publishing aid information that is open, easy to read and can be reused. It can also serve as a model for open data standards in other development flows, such as climate finance.
IATI will enable governments, parliaments and citizens in both developing and donor countries to follow the money and make sure that aid delivers results, increasing accountability and effectiveness. This will ensure G8 countries don’t fall short on promises they have made to developing countries.
David Hall-Matthews, Director of Publish What You Fund, said:
“We are pleased IATI was not forgotten amongt all the newer transparency asks. Ensuring companies are transparent is vital, but ‘putting your own house in order’ has to mean G8 governments are fully transparent about where their own money goes too. We look forward to seeing rapid progress on this now that the commitment to IATI has been reaffirmed.”
Harpinder Collacott, Director of Engagement and Impact, Development Initiatives, said:
“IATI is absolutely central to meeting the information needs of developing countries and, in turn, the overall goal of ending poverty.”
The settlement also includes a commitment to publishing information on laws, budgets, spending, national statistics, elections and government contracts in a way that is easy to read and reuse so that citizens can hold them to account.
DI raised aid transparency as a key issue in advance of the summit. Read our memo to the G8 here.