DFI Transparency Index Report - January 2023


As global crises mount—from the social and economic fallout of COVID-19 to the deepening climate crisis, to food insecurity compounded by the Russian invasion of Ukraine—development finance institutions (DFIs) are increasingly being called upon to address these issues. Although more resources are being funnelled through DFIs, it is a challenge to know what investments are being made and the impact these are having. This report presents the findings of Publish What You Fund’s first DFI Transparency Index. The DFI Transparency Index is a comparative measure of the transparency of thirty leading DFI portfolios. It assesses multilateral and bilateral institutions, and sovereign (public sector) and non-sovereign (private sector) operations. The DFI Transparency Index measures the transparency of DFIs across 47 indicators in five categories of information: • Core Information • Impact Management • ESG and Accountability to Communities • Financial Information • Financial Intermediary Sub-investments (non-sovereign only) Full lists and definitions of the indicators included in the index can be found in the methodology paper.