The Independent Commission for Aid Impact (ICAI) scrutinises official UK aid spending for international development. They are independent of government and report to the International Development Committee of the UK Parliament. ICAI undertake independent reviews of UK aid spending and its contribution to development results.
ICAI's latest review examines DFID's approach to managing fiduciary risk in conflict-affected environments. Effective management of fiduciary risk is key to achieving value for money and ensuring that UK aid makes maximum impact. DFID has committed to spending at least half of its budget in fragile states and regions. These include extremely challenging environments, such as Syria, Somalia and Yemen, where DFID's access is constrained and the risk of fraud or misuse of funds may be heightened. ICAI examined how well DFID managed fiduciary risk in these challenging environments. The review gave DFID a ‘Green-Amber’ rating, concluding that the department’s fiduciary risk management was satisfactory in most areas, but required urgent attention in others. DFID have now published their management response to the review, and this will also be discussed at the meeting.
We are pleased to welcome as our speaker, Dr Alison Evans,who is the ICAI Chief Commissioner, and was also the lead commissioner for this review. Alison is a development economist with 30 years of experience in research, policy and evaluation. She specialises in issues of aid and development effectiveness and is a frequent adviser to senior decision makers across the bilateral and multilateral development system.
This event is free for members and £150 + VAT for non-members.