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40.

World Bank – International Finance Corporation

Poor

40_P_World Bank IFC

OVERVIEW

Have they met the Busan commitment on aid transparency? No.

The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.

ANALYSIS

Achievements and progress
  • Forward-looking and disaggregated budgets at the organisation level as well as activity-level budgets are available.
Challenges and room for improvement
  • The IFC’s performance on the Index has not significantly changed in three years.
  • The IFC does not publish in the IATI Standard.
  • At the activity level, collaboration type, flow type, tied aid status, MoUs, budget documents, contracts, disbursements and expenditure and budget identifiers are not published at all.
  • Of the twenty-two indicators that are scored graduated on the basis of format, only eight are published in a machine-readable format.

RECOMMENDATIONS

  • The IFC should begin implementation in the IATI Standard, starting with at least a complete organisation file.
  • It should consistently publish more activity level information. This data should then be published to the IATI Registry.
  • The IFC should join the IATI working group for development finance institutions to learn from others. The IFC should also look to the IDA for lessons to publish more data and provide a full picture of the World Bank Group development activities.

Close

DONOR PROFILE

2016 Index Score:

Poor

30.9%

2014 Index Score:

Poor

30.6%

2013 Index Score:

Poor

30.1%


First published to IATI:

N/A



INDICATOR SCORING

TOTAL

30.9%

SECTION A

COMMITMENT TO
AID TRANSPARENCY:

5.55/10

SECTION B

PUBLICATION
ORGANISATION LEVEL:

9.72/25

SECTION C

PUBLICATION
ACTIVITY LEVEL:

15.61/65

Commitment

1. FOIA

2. Implementation Schedules

3. Accessibility

Planning

Financial

4. Organisation Strategy

5. Annual Report

6. Allocation Policy

7. Procurement Policy

8. Country Strategy

Basic

Classifications

Financial

Performance

12. Implementer

13. Unique ID

14. Title

15. Description

16. Planned Dates

17. Actual Dates

18. Current Status

19. Contact Details