Skip to main content

InvestmentMap

InvestmentMap

InvestmentMap is an IDB initiative that promotes transparency in spending, investment and public procurement in Latin America and the Caribbean through digital platforms that integrate and visualize public data.

mainBanner-tab0-investmentMap
InvestmentMap Countries Community
A map of the Latin America with flags. Regional integration - Inter-American Development Bank - IDB
Regional presence

InvestmentMap is present in 14 countries in the region.

How to improve transparency in the use of public resources and mitigate the risk of corruption?

With the use of digital tools and access to information, we seek to provide a 360° view of the use of public resources. This including information about budget planning and execution, public investment initiatives, and public procurement, while fostering citizen participation.

It promotes data integrity and an incremental vision to give traceability to resources:

a woman sitting at a desk looking at a paper Budget and planning

Association between planning and the national budget in its different phases.

IMG - Public investments Public investments

Georeferenced visualization of investment projects and technical sheets.

IMG - Public procurement Public procurement

Openness of contracting processes and contractors.

IMG - Citizen participation Citizen participation

Citizens can post comments, upload photos of projects, and request information.

Immediacy

InvestmentMap allows access to immediate and open information in a unified and intuitive format for different users.

Knowledge

InvestmentMap facilitates access to information on the management of public resources to promote social control and public debate.

Transparency

The implementation of InvestmentMap improves compliance with international Transparency standards (OGP, EITI, CoST).

Efficiency

InvestmentMap promotes greater efficiency in the management of public resources.

Flexibility

Each country decides in which sector to implement the platform according to its needs, resources and priorities.

IMG- Citizen CITIZENS

Monitor in real time where and how governments spend public funds.

IMG - GOVERNMENTS GOVERNMENTS / MULTILATERAL AGENCIES

Obtain quality information to make decisions that improve the efficiency of public investments.

IMG - PRIVATE SECTOR PRIVATE SECTOR

Improve competitiveness by operating in an open information environment.

IMG - JOURNALISTS JOURNALISTS

Create newsworthy stories using open data.

The platform design, development and implementation process include the following steps:

SCOPE

Definition of the vision and analysis of the legal framework.

TECHNOLOGICAL INVENTORY

Identification of data sets and systems.

ARCHITECTURE

Definition of components and functionalities.

DATA INTEGRATION

Construction of ETL and databases.

DATA QUALITY

Application of the 6 sigma methodology.

PARTICIPATION

Development of citizen participation mechanisms.

CONSTRUCTION

Platform Development.

TRAINING

Transfer of knowledge and skills.

PLATFORM TRANSFER

Installation in the countries (cloud or servers).

PUBLICATION

Countries disclose the platforms publicly.

SOCIALIZATION

Stakeholder training on platform use and benefits.

COMMUNICATION

Design communication strategies to promote citizen ownership.

We have worked with countries to develop the following innovative tools to make public spending transparent.

IMG - SISTEMA DE BANDERAS ROJAS
Red Flags System

The Red Flags System is a technological solution developed by the IDB to detect potential irregularities in public procurement through the application of machine learning and rule-based algorithms.

IMG - CAMBIO CLIMATICO
Closing gender, climate change and territorial gaps

InvestmentMap promotes transparency and accountability in the mainstreaming of public policies:

  • Labeling of budget and public investments aimed at reducing gender and diversity gaps
  • Identifying climate resilient infrastructure and its impact on sustainable development.
IMG - gobiernos
Accelerating the digital transformation of governments.
  • Strengthening institutional capacity at the national and subnational levels by building internal information systems to improve public investment management.
  • Digitization of internal processes through direct connection to existing systems and databases to ensure quality and automatic updating of information.
IMG - Potenciando el uso de la información
Strengthening the use of information.

Journalists and civil society representatives are trained and certified in the use of the open data included in all InvestmentMap platforms.
The focus is on extracting, transforming, cleaning, and processing data to enable these key audiences to create data-driven stories.

Topics

Discover the topics in which we work to improve lives in Latin America and the Caribbean.

See more
Country Offices

Explore our offices across countries and the work they do to improve lives.

See more
Jump back to top