The mobilisation of private finance for development outcomes was a central part of the discussions during the recent Paris summit, with more emphasis placed on the need to mobilise “at scale”. However, without improved measurement and increased transparency, it will be impossible to tell whether or not these new commitments deliver on their promises.
To help development finance institutions (DFIs) address perceived barriers to transparency and to guide improved disclosure, Publish What You Fund has compiled the Disclosure Example Book. It is intended to show what is possible in terms of DFI disclosure and to be a useful resource for anyone working to strengthen DFI transparency.
The first ever ranking of the transparency of development finance institutions (DFIs) highlights a startling lack of public disclosure. The inaugural edition of the DFI Transparency Index examines the transparency of 30 DFI operations, with combined assets of $2 trillion. It reveals that across the board DFIs are insufficiently transparent.
This blog discusses the DFI Transparency Tool’s fourth component – financial information – and argues that improved disclosure of both mobilisation and concessionality is critical to scaling up financial flows in support of the Sustainable Development Goals and achieving development impact.
Looking at the second component of our DFI Transparency Tool, this blog argues that the “development scores” produced by new DFI impact management systems are of limited value. DFIs should instead focus on disclosing the granular impact data that informs these scores.
This blog introduces the first of the components of our DFI Transparency Tool, core information. It expands on the theme of uneven progress in improving transparency, and reflects on why and how we initially focused our research on the basic information that provides the foundations for true transparency.