The New York-based Foundation Center and the Paris-based Organisation for Economic Co-operation and Development (OECD) have announced a strategic partnership to align and share international funding data to promote greater visibility and understanding of global development finance.
By working together, the two organizations will be able to deliver a large and varied set of data into the hands of international policymakers, practitioners and funders to improve strategic decision-making by these groups and increase efficiencies in tackling global challenges.
The partnership will enable the Foundation Center and the OECD and their partners to compare private foundation funding with official development finance, including official development assistance (ODA). This will provide a more complete picture of resource allocation in developing countries and enable decision-makers in the international development community to gain knowledge, spot funding gaps, and identify opportunities for collaboration.
The Foundation Center’s WASHfunders.org web portal is an example of how the OECD and the Foundation Center have already collaborated to deliver comparable data on international funding for water, sanitation and hygiene issues in developing countries, providing a more holistic view of aid flows.
‘OECD welcomes this partnership with the Foundation Center as an important step forward in our drive to offer broad, comprehensive and reliable data to improve results in development,’ said Jon Lomoy, director of the OECD Development Co-operation Directorate. ‘This will enable all partners in development to move quickly and effectively to address pressing priorities.’
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