Providing the public with access to information and decision-making processes before development banks spend taxpayer money is a cornerstone of accountability and transparency. Projects that are backed by informed support are more likely to succeed. Here we compare what information is being provided by different international financiers. As the new bank on the block, the Asian Infrastructure Investment Bank has a ways to go in order to catch its counterparts.
AIIB
ADB
EBRD
EIB
World Bank
Endorses Right to Information as a human right
Public consultation for drafting or reviewing access-to-information policy
Disclosure of Board minutes
Time-bound disclosure of Board minutes
Time-bound disclosure of draft strategies and policies
Requirements on level of information disclosed in project documents
Time-bound disclosure prior to Board decision (Category A projects)
Time-bound disclosure prior to Board decision (Category B projects)
Time-bound disclosure prior to Board decision (Private sector)
Access to information procedures
Treatment of access-to-information request and appeal procedures
Public registry for Information request