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.
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.