The International Aid Transparency Initiative (IATI)
http://www.publishwhatyoufund.org
http://ati.publishwhatyoufund.org/ [Aid Transparency Index 2014]
Summary
IATI is a voluntary multi-stakeholder initiative that seeks to increase donors’ aid transparency in order to maximise the effectiveness of aid in reducing poverty. Through consultation with donors, partner countries, CSOs and independent experts, IATI has developed a global open data standard that makes information about aid spending easier to access, compare, use and understand.
Research shows that developing countries and their citizens face huge challenges in accessing information about current aid flows and activities. IATI aims to address these challenges. IATI allows for those involved in aid programmes to better track what aid is being used for and what it is achieving. This stretches from taxpayers in donor countries, to those in developing countries who benefit from aid. Improving transparency also helps governments in developing countries manage aid more effectively. This means that each dollar will go as far as possible towards fighting poverty.