Thursday, 21 November 2024

What is the International Finance Corporation (IFC)

The International Finance Corporation (IFC) is a global development institution that works with the private sector in developing countries. The IFC is a member of the World Bank Group and is the largest development institution of its kind. 

Here are some things the IFC does:

Investment

The IFC invests in companies and financial institutions in developing countries. 

Advisory services

The IFC provides technical assistance and advisory services to clients in the public and private sectors. 

Climate investment

The IFC has a climate investment portfolio of US\$13 billion and has experience in wind and solar projects. 

Mobilizing capital

The IFC works to mobilize capital into emerging markets. 

Access to finance

The IFC works to increase access to finance for individuals and micro, small, and medium-sized enterprises. 

Partnership network

The IFC works with a large partnership network to drive investment across sectors. 

The IFC works in over 100 countries, focusing on areas such as infrastructure, manufacturing, agribusiness, services, and financial markets. 

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