
Transparency Fund
The IDB signed an agreement with the Royal Ministry of Foreign Affairs of Norway in March 2007 to establish the Transparency Fund (AAF), with an initial contribution of NOK30,000,000 (approximately US $5 million). Since 2007 the AAF received additional contributions from the IDB in 2011, Norway in 2012 and 2013, from Canada and MasterCard in 2014, and Italy and Sweden in 2017. The objective of the Fund is to strengthen the institutional capacity of the Bank’s borrowing member countries to support the design and implementation of transparency and anti-corruption policies, mechanisms, and tools.