Transparency and Accountability at CIF

Full transparency and openness in the governance and financing operations are fundamental principles of the CIF. In order to ensure this, and to deter fraud and corruption, the CIF has adopted necessary policies and measures and strives to improve them. All CIF projects and programs are implemented by and through the multilateral development banks (MDBs), and the CIF relies on the well-established transparency and accountability mechanisms of its partners. The CIF was designed based on these organizational principles:

  1. Follow to the extent possible the MDBs’ established infrastructure, policies and procedures
  2. Tap into the MDBs’ well-established network and project development activity processes rather than establishing separate institutional structures
  3. Maintain an efficient business model that does not duplicate existing procedures or lengthen the project development and approval process.

Access to information

Access to information is key to transparency, openness, and effective public participation in the CIF’s operations. The Note on Disclosure of Documents Prepared for Purposes of the Climate Investment Funds (pdf) is the main policy that governs the disclosure of documents or information prepared for the purposes of the CIF. It says the CIF Administrative Unit must disclose any document or information in its possession, unless the document or information is provided with explicit indication that it will not be disclosed to third parties or that it may not be disclosed without the consent of the provider of the document or information. Recognizing, however, that transparency and learning are fundamental to the success of the CIF, it is expected that any document or information will only be kept confidential on an exceptional basis.

The CIF Administrative Unit, in consultation with the CIF Trust Fund Committees and in accordance with the World Bank’s policy on Access to Information, makes publicly available any document or information provided for submission to the CTF and SCF Trust Fund Committees. The CIF Administrative Unit publishes on the CIF website a wide array of information and documents that are of interest to the public, including but not limited to:

  • Decisions of the CTF/SCF Trust Fund Committee and Sub-Committee meetings;
  • Policy documents;
  • Draft investment plans/strategies;
  • Draft proposals for projects/programs;
  • Expert group reports; 
  • Semi-annual, annual, financial status and audit reports.

The absence of a document or information from the website does not necessarily point to its confidentiality nor should it prevent any member of the public from requesting that document or information. Anyone may contact the CIF Administrative Unit and request any document or information.

Disclosure policies of the MDBs: In addition, the disclosure policies of the MDBs apply to the CIF. Programming, planning, appraisal, approval, implementation, supervision and monitoring and evaluation of CIF financed projects and programs follow the relevant MDB’s policies and procedures, including the disclosure policy. The disclosure policies of the MDBs are:

International Aid Transparency Initiative: As part of the continuous measures to enhance transparency and openness in its governance and financing operations, the CIF has joined the International Aid Transparency Initiative (IATI), a global open data initiative that unites organizations working on international development, ranging from government donors to regional NGOs, foundations, and trusts. The CIF endorsed the principles of IATA to report funding data in accordance with the IATA common standard.

Accountability and Integrity

It is important that any complaint or claim of those affected by CIF financed operations is heard, investigated and resolved, and any cases of fraud, corruption or misconduct are reported, investigated and sanctioned as appropriate.

Reporting fraud and corruption: Suspected fraud and corruption in CIF financed operations, as well as allegations regarding misconduct of officials, employees or consultants involved in CIF-financed operations can be reported through the accountability, integrity, and anti-corruption mechanisms of the MDBs.

Complaint and grievance: Each MDB has an independent compliance and project complaint mechanism through which individuals and communities, who believe they have been or are likely to be adversely affected by a project or program implemented by the MDB, can express their concerns and seek recourse.

Financial Procedures Agreements (FPA): The Financial Procedures Agreements/Arrangements between the World Bank as Trustee and each of the MDBs formalize the roles and responsibilities of each as established in the Governance Framework and the contribution agreements/arrangements between the Trustee and the contributors.  This includes MDBs' responsibilities to the CIF governing bodies, how CIF funds are to be used, reporting, and other financial details