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Peer Reviews on Development Finance Statistics

 

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Countries often face similar challenges in statistical reporting on development finance. Through Peer Reviews on Development Finance Statistics, DAC members and the OECD jointly assess how countries collect, report and publish their data, so as to help them cope with an increasing demand for comprehensive, reliable and accessible statistics on development finance, in a context of frequent changes to the reporting requirements, staff-turnover and often complex, decentralised reporting systems.

Latest review - Denmark


  • Denmark has advanced IT systems and automated tools for tracking financial commitments. The IT platform of the Ministry of Foreign Affairs has been designed with a service-oriented architecture that offers a great degree of flexibility in terms of modules and customised interfaces with very specific functions.
  • The website Openaid.dk displays Denmark’s aid activities. However, the tools to explore the data are quite limited and do not seem to be frequently used by neither the communication department nor the CSO community.

Recommendations

  • Denmark is encouraged to organise regular trainings to ensure that programme officers at MFA are well aware of what can be reported as ODA and to prevent any risks of loss of institutional memory related to possible staff turnover.
  • Denmark is encouraged to support a second version of the openaid.dk website to make the interface more user-friendly and add new features to the site. Improvements to the website could also stir up further interest by the public on development co-operation. It could also consider identifying creative projects to help disseminate aid data and raise better awareness around development co-operation activities, including through sharing programmatic results data using storytelling methods.

 

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Enhancing the quality and use of data on development finance

  • The OECD methodological guide for peer reviews on development finance statistics promotes a dialogue between the reviewed country, the peers and the OECD. The reviews cover seven dimensions: statistical policy issues; domestic data collection; statistical reporting; performance on DAC recommendations and international commitments; transparency; data accessibility; and publication of statistics.

     

    The Reviews seek to:

    • Help identify and share best reporting practices among DAC members through peer learning.
    • Enhance OECD’s understanding of countries' challenges in reporting to provide better guidance.
    • Monitor compliance with the Reporting Directives and support the implementation of WP-STAT decisions.
    • Assist non-DAC countries to follow DAC statistical standards.
    • Provide opportunities for non-DAC countries to benefit from in-depth reviews of DAC members' statistical reporting systems.
    • Inform the broader development community of efforts undertaken to ensure the quality of statistics on development finance.

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