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| Documents/DG2/5: Services and Solutions/5.3.1: Development Finance |
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Track development finance Other Information: Collect and standardize information on aid-funded projects and programs. Each year, donors allocate more than $130 billion in aid to developing countries. But where does this aid go, and how can citizens be empowered to track and report back on its impact? AidData, a joint initiative of Development Gateway, the College of William and Mary, and Brigham Young University, aims to answer these questions by making aid information more comprehensive, comparable, and comprehensible to a broad audience. AidData’s online portal offers access to a searchable database of nearly 1 million aid activity records. AidData’s geocoding methodology, developed in collaboration with Uppsala University, has been used to pinpoint the location of thousands of aid projects, and is referenced in the International Aid Transparency Initiative (IATI). AidData also works with individual donors to help them compile aid information into web-accessible databases. With greater aid transparency, donors can carry out more effective and efficient aid projects, coordinate more closely with country-level partners, and help recipient governments design budgets that account for foreign aid resources. Stakeholder(s): Indicator(s):
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