Publish What You Fund has launched the 2011 pilot Aid Transparency Index ranking 58 donors on their levels of aid transparency and finding them wanted.
The index uses 37 indicators of aid transparency to rate donors at the organisation, country and activity level.
“The report finds that the majority of aid donors are not publishing enough information about the money they give, undermining the effectiveness of development spending and damaging public trust,” according to the announcement.
No donors ranked in the top category ‘good’, which requires a score of over 80 percent, according to the data, and the average score was 34 percent.
“It is striking that some donors who are traditionally perceived as leading on issues of aid effectiveness or transparency score particularly disappointingly,” the group reported.
Filed under: IFTI Watch