Data as Dialogue: Unlocking Interoperability for Financing Sustainable Development

Abstract

This side event proposes an ambitious vision: to propose a new Data Hub powered by the established and proven IATI data standard. This would establish a core mechanism for international financial data interoperability—linking existing national systems, international commitments, private sector finance, and diverse instruments through common standards, shared definitions, and real-time, accessible data. The proposed Data Hub will integrate upstream and downstream financial information across public and private actors, enabling users at all levels to make better decisions, align resources with needs, and strengthen mutual accountability, enhancing the entire data value chain from coordination, development effectiveness through to follow-up and review.

Key objectives

1. Promote Transparency of financial flows on shared open data standards, promote inclusive partnerships, and mutual accountability in financing for sustainable development.
2. Reaffirm IATI as an established, recognised and efficient platform for financial data interoperability across the renewed financing framework.
3. Launch a political vision for an interoperable FfD4 Data Hub, enabling follow-up, monitoring, and national system integration, possibly under under the Sevilla Platform for Action and future FfD4 investment pitches.
4. Propose an investment programme to scale up IATI’s support to developing countries to use forward-looking data to strengthen planning, coordination, and financing strategies.
5. Highlight the opportunity for private sector engagement through open publication of responsible and traceable sustainability finance data within a multi-stakeholder universal data standard.