Yes. Global Bank values transparency and is committed to increased access to information under the public communications policy (PCP). An essential part of our institutional governance, the public communications policy promotes proactive external relations and recognizes the right of people to seek, access, and impart information about our operations.
Global Bank's commitment to Open Bank Strategy1 is part of the Bank's efforts to foster greater openness and accountability, to provide domestic and international firms and citizens with more opportunities to learn about Global Bank and participate in international development, to drive innovation and economic opportunities for all, and at the same time create a more cost effective, efficient and responsive organization.
The emergence of open networked models made possible by digital technology has the potential to transform international development. Open network structures allow people to come together to share information, organize, and collaborate. Today’s amazing mix of cloud computing, ever-smarter mobile devices, and collaboration tools is changing the consumer landscape and bleeding into Global Bank Group as both an opportunity and a challenge. Global Bank Group will deliver and receive digital information and services anytime, anywhere and on any device safely and securely.
Global Bank Group Action Plan on Open Bank Strategy sets out our commitments for the Open Bank Partnership, which we will achieve over a three-year period through the effective and prudent use of resources. It is structured along the four streams of our Open Bank Strategy: Open Information2, Open Data3, open Knowledge4, and Open Dialogue5.
The Global Bank Group portal, www.Global-Bank.org, is expected to be fully operational by September 2016. The portal initially will cover 35 subjects in climate resilient infrastructure, climate finance and economic and human development data on more than 50 countries by 2021. The portal is expected to attract a broad range of users, including policymakers, development practitioners, infrastructure and infrastructure finance practitioners (public, private, and nongovernment sectors), trade associations, researchers, students, and journalists. The Web Site will be updated frequently, and will feature blogs and discussion forums.
| 1 | The Open Bank Strategy is a strategy adopted by the Global Bank to demonstrate the Organization’s commitment to making it a more open, transparent and accountable entity. Through it, Global Bank information and knowledge will be publicly available through numerous accompanying initiatives such as Open Data, Open knowledge Repository and Open Finances, to name a few. |
| 2 | The Global Bank's Open Information initiative is intended to provide all interested parties and stakeholders with openness and transparency in development, from tools and knowledge resources to Bank-wide initiatives. |
| 3 | The Global Bank collects and processes large amounts of data and generates them on the basis of economic models. These data and models gradually will be made available to the public in a way that encourages reuse, whereas the recent publications describing them are available as open access under a Creative Commons Attribution License. The Global Bank's Open Data initiative is intended to provide all users with access to Global Bank data about development in countries around the globe. |
| 4 | The Global Bank will hosts the Open Knowledge Repository (OKR) as an official open access repository for its research outputs and knowledge products. |
| 5 | The success of Global Bank works depends on the ability of all affected parties to freely express their concerns. The Global Bank Group has adopted high standards of stakeholder engagement—to ensure that our clients achieve the best possible development outcomes. All our country strategies and projects are based on dialogue with stakeholders, including civil society. |
Add new comment