IDRC complies with the Canadian government’s three-point program for aid effectiveness:
- Focus: To find practical, sustainable solutions to the problems of poor countries, we concentrate our support for applied research on four development priorities.
- Efficiency: IDRC has several mechanisms at both board and management levels to review priorities, evaluate successes, identify problems, and allocate resources. The Board of Governors approves plans spelling out research priorities, objectives, and evaluation strategies. Special examinations by Canada’s Office of the Auditor General (OAG) have commended IDRC’s good corporate governance and management.
- Accountability: IDRC reports annually to Parliament through the Minister of Foreign Affairs. This report includes an audit of its financial statements by the OAG. We also publish quarterly financial reports.
In addition IDRC:
- manages risk effectively and has strong audit and evaluation functions.
- meets or exceeds the standards set by Treasury Board for transparency and accountability in corporate governance
- maintains a searchable database of our research projects (since 1971) as well as special examinations by the OAG.
- hosts in Ottawa an annual public meeting where interested citizens can question board members and senior managers.