Why is IATI a new initiative?
IATI was launched in September 2008 during the Accra High Level Forum (HLF) on Aid Effectiveness. The Accra Agenda for Action agreed at the HLF committed donors to publicly disclosing regular, detailed and timely information on volume, allocation and, when available, results of development expenditure to enable more accurate budget, accounting and audit by developing countries. IATI aims to help donor signatories meet this commitment in the most coherent and consistent ways. IATI brings together donors, partner countries, civil society organizations, parliamentarians and aid information experts to agree common information standards applicable to aid flows. Donors who signed up to IATI have agreed on a voluntary basis to To date, 18 donors have signed up to IATI.
