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IFC Joins the Open Finances Platform

Where are IFC’s SME clients located? How much has IFC invested in infrastructure projects in Africa? How have IFC’s investments in different sectors changed and grown over time?

For the first time, users will be able to find the answers to these and many more questions about International Finance Corporation’s (IFC) work on the World Bank Group’s Open Finances website. Eight data sets with detailed information on IFC’s financial commitments and projects are now available for the public to slice, visualize and share in the ways that they choose.

Scenes from a Data Dive: The Final Presentations

Itir Sonuparlak's picture

Read our interview with the fraud and corruption data ambassadors, the poverty data ambassadors and a recap of Data Dive 2013.

Following last month's DataDive 2013, we continue our commitment to the work that started during the event. It’s astonishing to reflect on the accomplishments of a mere 24 hours of work. These events are particularly exciting and important because they bring many ideas and new possibilities to problems that seemed intractable for so long.

In case you weren’t able to attend, or if you did and would like to relive the weekend, here are videos from each team’s final presentation. Take a look for yourself and let us know which of these findings best fit your work and goals.

Scraping Websites to Collect Consumption and Price Data
Using a software technique for extracting data from websites, the presentation by Team Ndizi, which means banana in Swahili, unearthed data sources on food prices and consumption of bananas and rice in Kenya, as well as Indonesia. The team hopes that this analysis will serve as a faster and easier estimate of inflation.

Unir fuerzas para tener mejores estadísticas

Shaida Badiee's picture

Por más de 13 años, los objetivos de desarrollo del milenio (ODM) han proporcionado un punto de referencia para medir el avance hacia importantes resultados de desarrollo: poner fin a la pobreza extrema, educar a los niños, empoderar a las mujeres, reducir la mortalidad y las enfermedades y garantizar la sostenibilidad ambiental. Los ODM han contribuido a movilizar el respaldo a programas de desarrollo y han alentado medidas más coherentes por parte de los donantes y asociados.

Joining forces for better statistics

Shaida Badiee's picture

For over 13 years, the Millennium Development Goals (MDGs) have provided a yardstick for measuring progress toward important development outcomes: eradicating extreme poverty, educating children, empowering women, reducing mortality and disease, and ensuring environmental sustainability. They have helped to mobilize support for development programs and encouraged more coherent actions on the part of donors and partners. The MDGs have also stimulated demand for better statistics and new programs to increase the capacity of developing countries to produce and use statistics. Now, as the deadline for the MDGs approaches, there is a two-pronged effort underway: first, to accelerate progress toward the MDG targets in the final “1000 days” before 2015, and second, to define a post-2015 development agenda and the timeframe and targets that will be used to monitor it.

A new help desk aims to give data users a voice

Alison J. Kwong's picture

As part of our Open Data initiative, we’ve just launched a new World Bank Data Help Desk, a platform that integrates feedback, help desk, and knowledge management tools into one easy-to-use platform. We hope it will empower users to get quicker answers to their questions, and encourage a dialogue about how to improve data for development.

Give Feedback (we want to hear from you!)

Understanding the Demand for Open Financial Data

Samuel Lee's picture

Image Credit: World Bank Flickr

Why worry about the demand for open data? 

When it comes to open data, much has been done around what we can publish, but much more can be done on identifying what others might need and want. Many open data initiatives have been started as supply-driven efforts seeking to increase transparency and leverage new information dissemination technologies - and that’s been a good way to start. However, being supply-driven is not the only way forward – a genuinely demand-driven approach would allow data providers to respond to, rather than anticipate, the data needs of users. 


So what is the demand for open data? This is a simple question that is difficult to answer. Unearthing even elements of the answer would help to increase understanding, inform the continued practical growth of open data efforts and activities, and hopefully result in more relevant, accessible, and widely-used data. 

Scenes from a Dive - what’s big data got to do with fighting poverty and fraud?

Prasanna Lal Das's picture

World Bank Data Dive 2013

Photo Credit: Neil Fantom

A more detailed recap will follow soon but here’s a very quick hats off to the about 150 data scientists, civic hackers, visual analytics savants, poverty specialists, and fraud/anti-corruption experts that made the Big Data Exploration at Washington DC over the weekend such an eye-opener.

Why DC is the place to be this weekend if you are interested in big data for development

Prasanna Lal Das's picture

If you haven’t registered yet for the Big Data Exploration event at the World Bank on March 15-17, you really should. After stops in Venice, Vienna, and a pre-event at Washington DC, data divers assemble at DC this weekend to take another crack at issues related to poverty measurement, plus fraud/anti-corruption in operations and to demonstrate whether and how practitioners can use big/open data to get results for traditionally knotty development problems (which are relatively difficult or expensive to resolve using standard techniques).