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UNICEF joins initiative for greater transparency about its aid spending

NEW YORK, 13 April 2012 – UNICEF said today it had joined the International Aid Transparency Initiative (IATI) to improve public accessibility to information on how aid is spent.
 
UNICEF joints the World Bank, Britain’s Department for International Development, the African Development Bank, the European Commission and others in the initiative. By creating common standards for sharing information about aid, IATI will make that information much more accessible to all.
 
As part of its commitment to greater transparency and accountability, UNICEF will make public online the volume, allocation and results of development expenditure. This will allow better tracking of what aid is used for and what it achieves by taxpayers and those who benefit from aid.
 
IATI provides a common, open and international standard, agreed in 2011, for publishing more and better information about aid.

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About UNICEF
UNICEF works in 190 countries and territories to help children survive and thrive, from early childhood through adolescence. The world’s largest provider of vaccines for developing countries, UNICEF supports child health and nutrition, good water and sanitation, quality basic education for all boys and girls, and the protection of children from violence, exploitation, and AIDS. UNICEF is funded entirely by the voluntary contributions of individuals, businesses, foundations and governments. For more information about UNICEF and its work visit: www.unicef.org

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For further information, please contact:
Rebecca Fordham, UNICEF New York,
Tel +1 212 326 7162,
rfordham@unicef.org


 

 

 

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