UNICEF joins International Aid Transparency Initiative (IATI)

UNICEF said it joined the International Aid Transparency Initiative (IATI) “to improve public accessibility to information on how aid is spent,” joining the World Bank, Britain’s Department for International Development, the African Development Bank, the European Commission and others in the initiative. 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.