The issue: better targeting of resources is needed to reduce vulnerability and end poverty by 2030
We share the belief that by 2030 it is possible to bring about an end to extreme poverty. But to do this, we need to harness all available resources now, as current global and national investments are not reducing poverty fast enough to meet the agreed Sustainable Development Goals. Nor are they sufficiently reducing the vulnerability of the poorest people to political, environmental or economic crises.
There are many different resources that have a role to play: national and international; public and private; developmental; security; and humanitarian. There is currently only a partial understanding of what resources – financial and otherwise – are available, where and how they are allocated, what is most effective and who is benefiting. Transparent and reliable data on what resources are available at the point of use, be that by district-level official or international policymaker, is mostly absent. This has to change – we must make sure investments work more effectively, together and to their comparative strengths, to benefit poor and vulnerable people.
Our role: using data to identify, link and improve targeting of resources
Data is essential for effectively identifying, linking and targeting resources to drive poverty eradication and sustainable development.
We target official actors − bilateral and multilateral donors, delivery agencies and developing country governments – to help improve the targeting and effectiveness of resources that have a role to play in ending poverty and building resilience, making sure no one is left behind.
Our work seeks to:
- Improve decision-making on the allocation of resources through our ‘all-resources’ analysis and tools such as our Development Data Hub.
- Increase the transparency of resource flows to improve understanding of the allocation of resources and their effectiveness, in part through our core technical role in the International Aid Transparency Initiative.
To achieve this:
We engage directly with stakeholders at global, regional, country and sub-national levels to increase the use of objective and high-quality data analysis in their decision-making.
We promote the ‘all-resources’ agenda – that all resources must play a role to achieve the end of poverty by 2030, leaving no one behind.
We respond to the increasingly specific and technical information demands of the international community by broadening and deepening information on the financial flows that contribute to sustainable development, and by mapping these resources against the distribution of poverty and vulnerability.
We increase the visibility of resource flows and promote transparency and common standards of reporting through the International Aid Transparency Initiative.
We work to increase the visibility and understanding of the domestic resources that are available to support sustainable development and poverty eradication.
We identify critical gaps in development and humanitarian finance data and improve understanding among key stakeholders of what can be achieved with better data.