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African Development Bank: Openness Proposals Fall Short

The African Development Bank (AfDB) is currently holding consultations with interested stakeholders regarding the ongoing review of its 2005 access to information policy. As part that process, a new draft policy, the African Development Bank Group Policy on Disclosure and Access to Information, was posted on the Bank’s website in June 2001. The Global Transparency Initiative (GTI) is a global network of civil society organisations, which includes CLD, and which advocates for greater transparency at the international financial institutions (IFIs). GTI has provided these Comments. As the Comments make clear, the new draft is a significant advance over the existing policy, but still fall far short of better practice by other IFIs and certainly the GTI’s own standards, as set out in the Transparency Charter for International Financial Institutions: Claiming our Right to Know.

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