In January 25, 2023, Brookings and Publish What You Fund launched the first global DFI Transparency Index. Publish What You Fund’s work was the product of over three years of research, collaboration among a range of stakeholders—including multilateral and bilateral Development Finance Institutions (DFIs)—and painstaking efforts to define transparency in a granular way that is consistent with the complex nature of DFIs. This included understanding their business models and the often-competing nature of their missions and stakeholders’ interests. […]