The Role of Data Standards and International Initiatives in Mobilizing and Monitoring Financing for Development

  • Date: 14 July 2015, 1:15pm - 2:45pm
  • Location: Elilly Discovery Hall

Organised by

  • International Aid Transparency Initiative
  • Publish What You Fund
  • Global Initiative for Fiscal Transparency
  • Transparency International
  • Open Contracting

Summary

In order to achieve the ambitions of the Financing for Development and post-2015 agendas, it will be necessary to harness all of the available financial resources for sustainable development. Better data on all development finance flows are essential in order to build a complete and timely picture of the resources available, and to mobilise and monitor these resources effectively at national and global levels.
Publication of timely, comprehensive and forward–looking information on all stakeholders’ activities in a common, open, electronic format, will facilitate monitoring of related commitments and impacts. Existing open data standards and international transparency initiatives can play a pivotal role.

The side event on data standards co-organized by the International Aid Transparency Initiative, Publish What You Fund, Open Contracting, Transparency International, and Global Initiative for Fiscal Transparency will highlight the contribution that data standards and international transparency initiatives can make to mobilizing resources and monitoring financial commitments for sustainable development, and promote greater collaboration between existing and emerging data standards to strengthen these efforts. It will also focus on the information needs of stakeholders at country level. Key speakers include the Governments of Ghana, Nigeria and Bangladesh, CSO representatives, and providers of cooperation.

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Contact

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