ANALYSIS

The EIB scores 26.6%, placing it in the poor category. It ranks sixth out of seven IFIs. It is the only IFI to score for providing three years forward-looking budgets for recipient countries, though this is in PDFs, the least useful format. The EIB is the only IFI not to publish the current status and collaboration type of its activities systematically. Overall, it scores 20 percentage points less than the average for EU institutions (46.4%). This is largely because all the EC departments included in the Index have started publishing some information to IATI. The EIB performs relatively well on organisation planning but it scores no points on performance data. Of the 22 indicators that take format into account, four are published in machine-readable format, and eight are published in other formats on its website.

RECOMMENDATIONS

• The EIB should begin publishing to the IATI standard in early 2014.
• It should produce an ambitious implementation schedule by early 2014 that aims to fully implement the IATI standard by the end of 2015.
• The EIB should work with recipients, DFIs and IATI to develop an extension to the IATI standard for IFIs and DFIs and specific guidance on best practice in the sector.

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