From Dollars to Decisionmaking at FFD3

July 13, 2015
Dustin Homer,

This week, delegates from around the world are meeting in Addis Ababa, Ethiopia, for the third Financing for Development conference.

One key outcome for this conference will be securing adequate financial commitments from donors in support of the Sustainable Development Goals. This aim received a boost on Friday, with the announcement from the International Monetary Fund and key Multilateral Development Banks that over $400 billion in financing will be extended to support the SDGs over the next three years.

However, beyond dollars and cents, a central focus for FFD should be plans for empowering aid-receiving countries with the tools and skills to manage and use development resources effectively. As the nature of development assistance changes, let’s remember that in addition to resources, our partner-government colleagues need the tools, skills and processes to manage, analyze, and allocate these resources for maximum effect. And providers of development finance — whether traditional donors or otherwise — should continue to make it easy for partner countries to access, understand and use data about development assistance. After a decade of pioneering aid information management tools and processes, we at DG are confident that empowering decision-makers to use information effectively is the key to long-term SDG success.

To our colleagues at FFD, best of luck for a productive meeting, and we look forward to many positive outcomes.

Image credit: Jean RebifféCC-BY-2.0

Share This Post

Related from our library

Three Key Takeaways From Discussions on Digital Transformation in Agriculture

Development Gateway: An IREX Venture (DG) hosted a discussion titled "Transforming Food Systems: The Power of Interoperability and Partnerships" at both Africa Food Systems Forum (AGRF) 2023 and the recently concluded ICT4Ag conference. Discussions from these critical events revolved around key themes crucial to DG’s ongoing work, including connecting people, institutions, partners, and systems when we think about technology working at scale to transform agriculture. In this blog, we explore three key takeaways from these conversations.

November 16, 2023 Agriculture
Democratizing Digital or Digitizing Democracy?

The 2023 OGP Summit in Tallinn, Estonia featured a number of discussions centered on open government in the digital age. While the use of digital tools in government is far from a new idea, the COVID-19 pandemic spurred a rapid expansion of this practice, with leaders quickly adapting to remote environments through digitizing government processes

September 19, 2023 Global Data Policy
Two Recommendations for Accelerating Digital Agriculture and Data Use

With the aim of improving the efficiency of agriculture data use, Development Gateway: An IREX Venture (DG), Jengalab, and TechChange—with a grant from the International Fund for Agricultural Development (IFAD)—recently held a learning event, titled “Digital Agriculture: Building the Agricultural Systems of Tomorrow,” in Nairobi, Kenya. Participants identified two key recommendations for advancing digital agriculture in order to increase food security.

August 29, 2023 Agriculture