History of IATI
IATI was launched in 2008 at the third High Level Forum on Aid Effectiveness in Accra. It was designed, in part, to support donors to meet their political commitments on transparency, as laid out in the Accra Agenda for Action.
At the High Level Forum on Aid Effectiveness in Busan, 2011, development actors committed to “implement a common open standard for electronic publication of timely, comprehensive and forward-looking information on resources provided through development cooperation,” that takes into account the statistical reporting of the OECD-DAC and work of IATI.
IATI comprises one part of the Common Standard, alongside the DAC Creditor Reporting System and Forward Spending Survey – both statistical reporting systems from the OECD. The purpose of the Common Standard is to improve the availability of historic, current, and future resource flows, to foster more accurate detail in reporting data provided by a broader range of cooperation providers, and to encourage data reporting in a more timely fashion.
Endorsers of the Busan Outcome Document committed to publishing to the Common Standard by the end of 2015.