Our DFI Transparency Initiative has completed its third research Work Stream onESG and accountability to communities, which identified a number of areas where the transparency of Development Finance Institutions could be improved. Our CEO Gary Forster wanted to explore why more transparent and better risk management and accountability is in the best interest of DFIs themselves, and so talked to Peter Woicke about our findings. Peter is the former CEO of the International Finance Corporation (IFC) and Managing Director of the World Bank from 1999 to 2005.
The DFI Transparency Initiative is about to release its latest working paper on environmental, social and governance (ESG) and accountability to communities. Fran Witt (Economic Justice and Climate Change Consultant) and Fidanka Bacheva-McGrath (EBRD Policy Officer, Bankwatch) provide a CSO perspective on the transparency and accountability challenges for public development banks (PDBs). They argue that PDBs have much work to do in order to meet their commitments to the rights of project-affected communities.
Our DFI Transparency Initiative has completed its third research Work Stream on ESG and accountability to communities. One of our findings relates to the topic – to what extent do development finance institutions (DFIs) provide assurance that they have undertaken community engagement activities in the areas where they invest, and why does this matter? Rayyan Hassan, Executive Director of the NGO Forum on the Asian Development Bank (ADB)and our CEO, Gary Forster, sat down to discuss the issue.
The Gender Financing Project: Video Tutorial Series is for anyone who would like to learn how to track aid and development funding for gender equality. The main focus of the four videos is to help you track international donors’ funding to improve gender equality, using some of the most trusted and well-used data sources.
This is the third in our Gender Financing project’s Data Diary series. Swechchha Dahal shares her experiences, and those documented in the interviews for the Project, on the need for greater collaboration and engagement between government and civil society organizations (CSOs). She discusses how coordinated reporting mechanisms can provide better evidence for CSO advocacy and government accountability – and why this is important for gender equality. The blog is also available in Nepali.
The US International Development Finance Corporation (DFC) recently invited public comments on its draft transparency policy and draft policy on public engagement by the DFC Board of Directors. The draft policies are a step in the right direction, but additional actions can be taken to improve the transparency and accessibility of the DFC’s data. George Ingram and Sally Paxton highlight steps that could help the DFC reach its commitment to be the gold standard for transparency among development finance institutions.