ADB joins AidFlows.org to improve aid transparency

ADB joins AidFlows.org to improve aid transparency

By eGov Innovation Editors | Feb 7, 2012
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The Asian Development Bank (ADB), in partnership with the World Bank and Organization for Economic Co-operation and Development (OECD), has joined AidFlows.org to provide the world a better picture of how much development aid is provided and received around the world.

AidFlows' website 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.

Using charts, graphs and maps, it also provides visualization of the volume and structure of aid funding.

“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.”

ADB added that 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.

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eGov Innovation Editors

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