The State Dept states the following
At the first Summit for Democracy in December 2021, representatives from governments around the world, civil society, and the private sector organized into 15 cooperative, multi-stakeholder “Democracy Cohorts:” platforms intended to undertake concerted action toward the implementation of Summit commitments in areas of common interest.
The 15 Democracy Cohorts focused on a range of topics, including technology, media freedom, youth engagement, financial transparency, rule of law, election integrity, and gender equality, among others. With 23 governments and 24 civil society and private sector actors co-leading these platforms, participants reflect democratic society’s shared stake in advancing key facets of transparent and accountable governance.
Financial Transparency and Integrity
The Financial Transparency and Integrity cohort, co-led by the Government of the United States, the Brookings Institution, and the Open Government Partnership, focused on concerted, collaborative actions to advance financial transparency, accountability, and integrity.
Key outcomes include:
- A Call to Action that outlines key steps that governments, civil society organizations, businesses and others engaged in the Summit should take to fight corruption; and
- A Beneficial Ownership Outcome Document highlighting considerations for governments working alongside civil society on the implementation of beneficial ownership transparency and other reforms.