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.
As we await the final results of the 2022 Aid Transparency Index, Elma Jenkins has been speaking to some of our most crucial but least known researchers, the independent reviewers. The 2022 Index process has so far involved three months reviewing several thousand documents, extraordinary amounts of International Aid Transparency Initiative (IATI) data, 50 publishers and 36 independent reviewers. The reviewer role is crucial in ensuring we make a full and fair assessment of publishers’ data.
The UK government has published its latest Open Government Partnership National Action Plan, but it has failed to include a commitment on the transparency of aid spending and failed to gain civil society support. Urgent action is now needed to improve aid transparency, build public trust and accountability.
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.
