Watch now: DFI Transparency Initiative – findings on ESG and accountability to communities
In February 2021, our DFI Transparency Initiative team hosted a webinar to discuss the findings of our third work stream, focusing on environmental, social and governance (ESG) risks and accountability to communities. You can watch a recording of the webinar below.
You can download our slides here:
We have also produced a working paper summarising the findings from this work stream, which can be downloaded here:
Given their nature and context, some Development Finance Institution (DFI) investments or projects will inevitably involve the risk of adverse environmental or social outcomes. It is important that DFIs have robust systems in place that can manage and mitigate these risks before, during, and after an investment.
This work stream has focused on two key themes:
- it analysed the ways in which DFIs measure and manage environmental, social, and governance (ESG) outcomes and which standards are being reported to.
- It assessed the transparency of accountability mechanisms including the occurrence and reporting of community consultations, the accessibility of independent accountability mechanisms (IAMs) and the availability of information regarding ongoing or settled disputes.