Development Finance Institutions

Development finance institutions (DFIs) have recognized the importance of openness and transparency in projects they finance directly, yet they have not extended this to high-risk projects financed through their financial intermediary clients. As DFIs are increasingly providing financing through financial intermediaries, Oxfam has outlined a suggested framework, Open Books for High-Risk Financing, which proposes a […]

Many Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes. This is the finding of an analysis of publicly available policies of nine DFIs related to corporate tax payments, which suggests that DFIs are doing too little to encourage responsible corporate tax behaviour. […]