Development Finance institutions Archives

Why does the transparency of ESG and community engagement matter to DFIs? – an interview with Peter Woicke

By Gary Forster | Feb 24, 2021 | Blog

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.

DFIs weak on disclosure of ESG risks and transparency of community engagement

By Sam Cavenett | Feb 19, 2021 | News

The transparency practices of development finance institutions (DFIs) rarely match up to their policies on the disclosure of environmental, social and governance (ESG) risks and accountability, according to new research from our DFI Transparency Initiative. The research examined the transparency of 20 bilateral and multilateral DFIs.

Watch now: DFI Transparency Initiative – findings on ESG and accountability to communities

By Ryan Anderton | Feb 18, 2021 | Events, News

Join us on 11th February to discuss the transparency of development finance institutions (DFIs), with a focus on our findings from work stream 3 on environment, social and governance (ESG) and accountability to

The right to access information: Transparency is a two-way process

By Guest | Feb 12, 2021 | Blog

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.

Do DFIs engage with local communities? – an interview with Rayyan Hassan

By Gary Forster | Feb 5, 2021 | Blog

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.

Movement on transparency at the Development Finance Corporation

By Sally Paxton and Guest | Dec 3, 2020 | Blog

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.