Global Fund signs IATI
The Global Fund to fight AIDs, Tuberculosis and Malaria yesterday announced that they have signed the International Aid Transparency Initiative (IATI). This addition represents the 20th donor to sign up to the initiative, alongside other global programmes such as The Global Alliance for Vaccines and Immunisations (GAVI) and large foundations such as The Hewlett Foundation. In addition 21 aid-recipient governments and numerous donor governments have also signed and endorsed the initiative.
The Global Fund works to attract and disburse resources internationally to prevent and fight AIDS, tuberculosis and malaria. They work with public and private partners and, since the Fund’s inception in 2002, have become the main financer of programmes to fight AIDs, TB and malaria. This latest addition to the IATI membership therefore signals the opening up of significant amounts of aid data in a timely, comparable and accessible way; since 2002 the Fund has approved funding of US$21.7 billion.
The Fund has been involved in talks with IATI since the Accra High Level Forum on Aid Effectiveness in 2008. By becoming signatories to IATI, the Global Fund is once again confirming its commitments to transparency.
Publishing their data to IATI means that donors are increasing transparency of aid and results, helping the aid process to become more accountable and improving accessibility of aid information. In turn, this will help aid-recipient countries manage their resources more effectively and become more accountable to their citizens.
We welcome The Global Fund to IATI and look forward to working with them to ensure more transparent, accountable and effective aid in the future.
For more information on how to get involved with IATI, as either a signatory or an endorser, please visit our get involved page.