Friends of Publish What You Fund (Friends) submits comments in response to the public notice and comment period for the Draft Transparency and Draft DFC Board of Directors Public Engagement Policy.
At the outset, the DFC made the commitment to set the gold standard on transparency among development finance institutions. Friends welcomes both the draft policy on transparency and the recognition of the broad benefits of wide stakeholder engagement. The policy commitments, particularly at the project level, warrant particular mention, as does the prioritization of stakeholder engagement for policy, strategy, and other DFC priorities. In addition to our broad support for these draft policies, Friends recommends that the DFC consider some additional specific changes, discussed in this document.