Finances

IATI Financial Report

IATI Financial Report 2020 presents the initiative’s income and expenditure for 2020 and offers comparisons with the previous financial year. To put 2020 finances into context, this report also provides details of income raised from IATI membership contributions from September 2013 to December 2020. IATI Financial Report 2020 accompanies the IATI Annual Report 2020. Details about the initiative's previous year's finances can be found within past IATI Annual Report documents.

Income

IATI is financed by our members through a combination of membership fees and voluntary contributions. All funds are allocated to a pool of resources and used to finance IATI's budget and workplan, as approved by the Governing Board. In its role as trustee within the IATI Secretariat, UNOPS has full fiduciary responsibility and accountability for the receipt, custody and disbursement of all contributions provided by members.

Annual financial statements

IATI publishes annual financial statements prepared by UNOPS which cover the entire period of IATI implementation by the Secretariat consortium from September 2013 to December 2020. Financial statements are prepared based on a calendar year and include all financial contributions by members during this period.

View IATI’s annual reports for further financial information on income and expenditure across IATI financial years.

Budget and workplan

IATI's planned annual spending is set out in its budget and workplan for 2021. IATI’s elected Governing Board oversees the development and approval of the budget and workplan.

The following documents provide information on past IATI budget and outputs:

Commitment to Transparency

Each of the three IATI Secretariat entities UNDP, UNOPS and Development Initiatives publishes details of their related activities according to the IATI Standard as part of their corporate reporting, and in respect of their own commitments to transparency.