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ADB joins AidFlows.org to improve aid transparency
New Delhi, February 2, 2012
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The Asian Development Bank (ADB) today said it had joined AidFlows, in partnership with the World Bank and the Orgnisation for Economic Cooperation and Development (OECD), to help provide a clearer picture of how much development aid is provided and received around the world.
The addition of ADB’s data provides an expanded view of the aid picture. “New sources of data provide greater transparency, making information easily available to policy and decision makers,” said Hong Wei, ADB’s Director of Strategy and Policy Department. “We are pleased to be a part of AidFlows and the broader open data effort.”
An ADB press release said AidFlows is a one-of-a-kind website that provides an aggregate view of data on official development aid, including funding from donors, from OECD countries and from multilateral development banks such as ADB. Breakdowns are available by amount, sector, and type of financing, from both donor and beneficiary perspectives.
"The website’s concise, user-friendly format provides a visual portrayal of the volume and structure of aid funding, using charts, graphs and maps to show how much aid is provided by donors and how much is received by beneficiaries.
"The goal is to increase transparency by providing the public with a tool for easy access to information such as which countries and which sectors receive how much of global aid, and who the main contributors are at the institutional level. The site also allows users to compare aid flow information between individual countries," the release added.
NNN
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