This post comes from the World Bank Finances Team 
The World Bank wants a “world free of poverty.” Facebook wants a world that’s more “open and connected.” Can we help realize both these dreams with open financial data? With ever more open data on the finances and activities of development organizations and governments available (and with much of that data becoming available in standard formats like IATI ), how do we go beyond transparency and get to development impact?
The World Bank Finances team, along with colleagues from Open Aid Register , Development Gateway , Open Corporates , AidInfo , Connect4Climate , and the International Center for Journalists  want to explore these questions and more through the Development Data Challenge (DDC) on Friday, June 1st, 2012 from 2-7 PM at the World Bank HQ in Washington DC. RSVP here: http://ddc-worldbank.eventbrite.com / and follow #DDC2012 on Twitter .
Join us for an afternoon of ideation, inspiration, and learning as we work together to come up with ideas and solutions to make the world a better place.
The DDC aims to answer the question:
How can open financial data be utilized for positive development impact?
To help narrow our efforts in exploring this challenge (while leaving plenty of room for flexibility) we’ve selected a number of topics for group ideation:
- Aid Effectiveness
- Assurance & Anti-Corruption
- Citizen Engagement/Community
- Connectivity/Big Data
- Mobile & Web Applications
- Data Journalism
- Design/Data Visualization
You’ll be free to join any of the topic tables (or switch in between), but each topic table will be asked to come up with a collective idea that will be evaluated on its creativity/innovation, potential impact, collaboration, feasibility and implementation plan. Selected ideas will be presented to a Random Hacks of Kindness  hackathon taking place the next day on Saturday June 2-3.
Your input and feedback are most welcome. Let us know if there are other topics we should explore and feel free to suggest financial development datasets as well.
So on June 1, come with questions, come with answers, and plan to leave enriched, inspired, and possibly equipped with some good ideas for further development.
Register for the World Bank Development Data Challenge 
Feel free to take a look at some World Bank financial data in advance of the DDC via the visualization embed below.