Increased transparency is an essential step towards improving the coordination, accountability and effectiveness of efforts to support the world's poorest and most vulnerable people.
In 2015, the UK Government committed to spend 0.7% of UK gross national income on overseas aid, known as Official Development Assistance (ODA), and to adhere to international aid transparency standards.
In 2019 BEIS achieved a ‘Good’ rating in Publish What You Fund ‘How transparent is UK aid?’ report. We are proud of this progress and we are working with our delivery partners to continue our work in this area.
Newton Fund and GCRF annual reports
Newton Fund and GCRF theory of change
We have developed a high-level theory of change which sets out how international research and innovation activities are not only having a short-term impact but are contributing to long-term sustainable development.
Good governance is at the heart of our Official Development Assistance funds. Strategy is set by the research and innovation ODA board and policy is delivered by an officials’ group.
Since 2015 we have commissioned Tetra Tech to evaluate Newton Fund and GCRF’s effectiveness and value for money. The results of the evaluations are essential in helping us to improve the funds.
We are committed to reducing gender inequalities and promoting gender equality, as per the International Development (Gender Equality) Act. A review of our approach to gender equality has highlighted some areas for improvement and we are working with our partners to strengthen our approach across the funds.
Value for money
Ensuring and demonstrating the value for money of public investments such as the Newton Fund and GCRF is very important. We are working with our partners and stakeholders to find the most appropriate way to assess the value for money of our funds.