Transparency is key to achieve stakeholders’ trust and motivate their participation and cooperation.
Transparency must be ensured in the management of the funds and resources, in the design, implementation and evaluation processes of development initiatives. Transparency shows who makes the decisions, how resources are used, and benefits distributed.
Transparency can ease stakeholder fears regarding corruption, politicization, and management capacity. It can garner the trust and support necessary for a project to succeed. It gives certainty, and therefore trust and credibility, both crucial for improving effective communication and negotiations and thus, cooperation.
Mechanisms that ensure transparency are directly related to an Initiative’s capacity to attract funding and support.
These mechanisms might involve, among others:
Decentralizing Advocacy capacity Certainty Banking trust funds Information and communication technology tools