Recommendations for the EBRD’s Public Information Policy based on comparative analysis of IFC and other disclosure policies
Policy comments | 30 May 2011
With the review of the public information policy, the European Bank for Reconstruction and Development (EBRD) has an opportunity to adopt further improvements to its information policy based on latest policy changes in similar institutions, accumulated experience and stakeholder input.
The EBRD Draft Public Information Policy (PIP) closely dovetails the International Finance Corporation’s (IFC) Policy on Disclosure of Information (DP), and is based on other international best practices. However, the current draft of the EBRD’s PIP lacks several provisions and innovations which should be considered the latest best practice in information disclosure in multilateral development banks.