The KFW Development Bank is a state-owned financial institution with a joint domestic and international mandate. Its development finance activities are funded by a mix of public and capital market funds, including contributions from BMZ. Its position in the Aid Transparency Index has remained in the ‘fair’ category since 2013.
Publish What You Fund recognises the commitment to transparency by BMZ – KFW and now calls on them to:
- Ensure it gets the basics of its publication right. This includes providing relevant and up-to-date documents on organisational planning as well as providing complete descriptions of its projects.
- Make further efforts to provide sub-national location information to identify where its projects are being implemented.
- Start publishing comprehensive and consistent information on its performance, from objectives to pre-project-impact appraisals, reviews and evaluations as well as results.
- Take responsibility to promote the use of the data they publish: internally, to promote coordination and effectiveness; and externally, to explore online and in-person feedback loops, including at country-level.