How NGOs Can Survive in the Age of Distrust
For the fourth year in a row, Transparify has given IISD its highest rating for financial disclosure of donors.
For the fourth year in a row, Transparify—an initiative that assigns global ratings of financial transparency to think tanks and policy-driven non-profits—has given the International Institute for Sustainable Development the highest possible marks for financial disclosure.
That’s a tremendous shout-out to IISD’s character as we prepare to celebrate significant birthdays. This year, IISD Experimental Lakes Area turns 50, while our larger organization crosses the 30-year mark in 2020. It’s thanks to our culture of accountability and openness we’re making it past those milestones, I think. IISD has always invested in a financial team that delivers exceptional levels of professionalism and dedication.
Our decision to list all of our diverse donors, identify funding amounts and to detail the specific projects they support matters to modern donors. Gone are the days of giving to "charity"; donors today make "investments" that achieve verifiable progress.
I wholly endorse this mindset—one driven by an increased urgency to achieve sustainable development goals like increasing access to clean power or ending hunger. The needs of our planet have never been greater. It only makes sense to ensure the right dollars are going to the right causes from the right sources, with a diverse funding base that supports objectivity.
This shift also speaks to our more skeptical society. Last year the Edelman Trust Barometer, which surveys tens of thousands of people around the world, found we trust government, media, businesses and NGOs less. We’re less likely to take promises to “do the right thing” at face value.
In an age where authenticity and honesty are worth their weight in gold, IISD and other NGOs will continue to flourish in part by demanding rigorous standards. The Transparify report keeps us on that path—one we are committed to traveling for the next 50 years.
You might also be interested in
COP 29 Outcome Moves Needle on Finance
In the last hours of negotiations, concerted pressure from the most vulnerable developing countries resulted in an improved outcome on the finance target, with a decision to set a goal of at least USD 300 billion per year by 2035 for developing countries to advance their climate action.
The Hidden Clauses That Can Hinder Tax and Investment Policy Reform
Stabilization clauses should no longer automatically be included in contracts between states and investors. If they are, they should, at a minimum, build on the latest international standards on stabilization to avoid being a barrier to sustainable development.
Coalition against fossil fuel subsidies expands but misses initial targets
The UK, Colombia, and New Zealand have signed on to a coalition of governments aiming to phase out fossil fuel subsidies, joining 13 other mainly European nations in the alliance. IISD's Vance Culbert said that half a dozen more countries—including "a few larger economy developing countries"—are talking privately to them about joining too.
Europe’s Dash for Gas in Africa puts Private Profits First
Europe’s demand for gas is contributing to expansion of LNG projects in Mozambique, Nigeria, and Senegal. This favours the interests of European oil and gas companies over those of African countries, a new report shows.