ADVERTISEMENT
Monday, January 30, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
Involve Africa
  • Home
  • All African News
  • Politics
  • Technology
  • Entertainment News
    • Travel
    • Tourism
    • Arts
  • Finance
    • Food & Agriculture
    • Business & Economy
  • Crypto News
  • Energy & Environment
No Result
View All Result
  • Home
  • All African News
  • Politics
  • Technology
  • Entertainment News
    • Travel
    • Tourism
    • Arts
  • Finance
    • Food & Agriculture
    • Business & Economy
  • Crypto News
  • Energy & Environment
No Result
View All Result
Involve Africa
No Result
View All Result
ADVERTISEMENT
Home Politics

AfDB tops the Aid Transparency Index, “setting the standard” for global institutions

Involve Africa by Involve Africa
July 20, 2022
in Politics
0
AfDB tops the Aid Transparency Index, “setting the standard” for global institutions
585
SHARES
3.2k
VIEWS
https://web.facebook.com/involveafricanews?_rdc=1&https://twitter.com/involveafricanews


In the report published on 13 July, the AfDB (sovereign) climbed up four places in the rankings to top the index, “setting the standard for high-quality data publication”, according to the PWYF. The general transparency trend has been showing “significant steps” forward over the past 10 years.

The index rates aid organisations across 35 categories, each corresponding to the availability and accessibility of certain types of information.

The benefits of transparency

The not-for-profit PWYF plays a key role in demonstrating the impact and efficacy of aid, as it is the only independent tool for aid transparency, helping the development community learn from each other’s choices.

Gary Forster, the CEO of the PWYF, commended the publicly funded side of the AfDB, saying, “[AfDB] have made a real effort to engage with our team to be fully transparent. Their technical staff are evidently supported by the senior management, and they have put in place the processes and culture to ensure accountability.”

The World Bank, United Nations Children’s Fund and Gavi, The Vaccine Alliance – also received a “very good” score – despite the latter facing criticism for the COVAX initiative in an investigation by the Bureau of Investigative Journalism.

According to Forster, accountability and success come hand in hand. He said: “We have seen that organisations that buy into transparency become more effective in their own right – they can make clearer decisions.”

Steps back

The most significant setback on transparency was for the Global Fund, an organisation which focuses on combatting diseases like HIV, TB, and malaria.

It fell 19 points below its 2020 score, dropping 14 places in the ranking to achieve a “good” rating.

In response to its lower rating, the Global Fund commended the index for their recommendations and impartiality. Its statement reads: “The Global Fund partnership is committed to aid transparency as one of its founding principles. The Global Fund has made significant efforts to continually improve both the quality, quantity and timeliness of what it reports.”

It continued: “In 2022, the organization is taking steps to increase the availability of programmatic data and provide more detail on country summaries through its digital platforms. The Global Fund will continue to address concerns highlighted as part of the latest index.”

Falling FCDO

The UK’s Foreign Commonwealth and Development Office (FCDO) dropped seven places in the index. The government significantly reduced foreign aid spending in the latest round of budget cuts from the Conservative Party government.

The chair of the parliament’s international development committee, member of parliament Sarah Champion, said she was disappointed by the rating, stating, “Transparency in aid spending is vital. Without high-quality data, we cannot be sure that aid is reaching the world’s poorest people and delivering value for money.”

She added: “The FCDO must explore how to improve the quality of the data it publishes. The committee will continue to hold the department to account on this.”

Global setbacks

Although many institutions have recorded transparency success over the past 10 years – 31 organisations now rank “very good” or “good” (the highest amount since the index began) – numerous global crises have limited wider humanitarian triumphs.

The Ukraine crisis has spurred global inflation levels and increased daily living costs such as food and fuel.

Hunger in the Horn of Africa and the Sahel have also been made worse by climate disasters and local violence.

The PWYF is also suffering from a lack of funding, which may force the only aid transparency index to close.

Forster remains hopeful. He said: “Yes, we are struggling to raise the funding. What the index has ensured is not only the amount of transparency but that we check how good the information they are sharing actually is.”

He concluded: “Without the index, we worry that the global data set will deteriorate unless something else comes along. There isn’t anything else out there.”



Source_link

You might also like

Yakuza battle Chinese gangs for control of Japan’s criminal underworld

Hillsborough’s new Republican Party head on the GOP’s image and reaching out to minority voters

Ghana, Nigeria, South Africa…20 young African creatives to know

Previous Post

when mammals’ ancestors became warm-blooded

Next Post

Thelo DB to secure $3.2bn rail project in Ghana

Involve Africa

Involve Africa

Related Posts

Yakuza battle Chinese gangs for control of Japan’s criminal underworld
Politics

Yakuza battle Chinese gangs for control of Japan’s criminal underworld

by Involve Africa
January 30, 2023
Hillsborough’s new Republican Party head on the GOP’s image and reaching out to minority voters
Politics

Hillsborough’s new Republican Party head on the GOP’s image and reaching out to minority voters

by Involve Africa
January 30, 2023
Ghana, Nigeria, South Africa…20 young African creatives to know
Politics

Ghana, Nigeria, South Africa…20 young African creatives to know

by Involve Africa
January 30, 2023
Nigeria’s Energy Transition Plan – State House to Lead the Way for Public Buildings
Politics

Nigeria’s Energy Transition Plan – State House to Lead the Way for Public Buildings

by Involve Africa
January 29, 2023
today’s Tory scandals are similar to 1990s sleaze stories in more than one way
Politics

today’s Tory scandals are similar to 1990s sleaze stories in more than one way

by Involve Africa
January 29, 2023
Next Post
Thelo DB to secure $3.2bn rail project in Ghana

Thelo DB to secure $3.2bn rail project in Ghana

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

AfricInvest, Cathay Innovation Closed Their Joint 110m Euros Pan-African Venture Fund

AfricInvest, Cathay Innovation Closed Their Joint 110m Euros Pan-African Venture Fund

July 21, 2022
South African rand, stocks jump as dollar eases

South African rand, stocks jump as dollar eases

November 4, 2022

Categories

  • All African News
  • Arts
  • Business & Economy
  • Crypto News
  • Energy & Environment
  • Entertainment News
  • Finance
  • Food & Agriculture
  • News Videos
  • Politics
  • Technology
  • Tourism
  • Travel

Don't miss it

Prince Claws Award 2020 -Africa News @Arts Tv World
News Videos

Prince Claws Award 2020 -Africa News @Arts Tv World

January 30, 2023
Kenya: CBK Retains Base Lending Rate At 8.75% On Easing of Inflation
Business & Economy

Kenya: CBK Retains Base Lending Rate At 8.75% On Easing of Inflation

January 30, 2023
Ceremony of the signature of the CPF and celebration of the World Food Day
Food & Agriculture

Ceremony of the signature of the CPF and celebration of the World Food Day

January 30, 2023
here’s what made victims vulnerable
Arts

here’s what made victims vulnerable

January 30, 2023
Yakuza battle Chinese gangs for control of Japan’s criminal underworld
Politics

Yakuza battle Chinese gangs for control of Japan’s criminal underworld

January 30, 2023
Oron Museum ( The City of Oron) – BTATnT
Tourism

Oron Museum ( The City of Oron) – BTATnT

January 30, 2023

Social Bar

Welcome to involve Africa The goal of involve Africa is to give you the absolute best news sources for any topic! Our topics are carefully curated and constantly updated as we know the web moves fast so we try to as well.

Categories

  • All African News
  • Arts
  • Business & Economy
  • Crypto News
  • Energy & Environment
  • Entertainment News
  • Finance
  • Food & Agriculture
  • News Videos
  • Politics
  • Technology
  • Tourism
  • Travel

Site Links

  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions

Recent News

Prince Claws Award 2020 -Africa News @Arts Tv World

Prince Claws Award 2020 -Africa News @Arts Tv World

January 30, 2023
Kenya: CBK Retains Base Lending Rate At 8.75% On Easing of Inflation

Kenya: CBK Retains Base Lending Rate At 8.75% On Easing of Inflation

January 30, 2023

INVOLVEAFRICA.COM

No Result
View All Result
  • Home
  • All African News
  • Politics
  • Technology
  • Entertainment News
    • Travel
    • Tourism
    • Arts
  • Finance
    • Food & Agriculture
    • Business & Economy
  • Crypto News
  • Energy & Environment

INVOLVEAFRICA.COM

What Are Cookies
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT