We have just commenced work on a new DFI Transparency Index, which will assess the transparency of some of the world’s leading bilateral and multilateral Development Finance Institutions (DFIs). This blog sets out the timeline and process, how this index differs from the Aid Transparency Index, and which DFIs we’ll be assessing and ranking.
This blog discusses the DFI Transparency Tool’s fifth component – financial intermediaries. Farzana Ahmed outlines why financial intermediaries are a significant aspect of DFI investments. She considers the importance of transparency of financial intermediary investments in order to understand their impact and allow community accountability efforts.
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.
This blog examines the importance of ESG and accountability to communities – the third component of our DFI Transparency Tool. It reviews how the rights-based approach for access to information has affected the ESG disclosure of development finance institutions. It welcomes the shift towards presumption of disclosure from DFIs, and discusses why a commitment to pro-active disclosure of all ESG information is needed for openness and accountability to the public and project-affected communities.
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.