The International Finance Corporation, the private sector arm of the World Bank Group, is the largest multilateral provider of financing for private enterprise in developing countries. IFC finances private sector investments, mobilizes capital in international financial markets, facilitates trade, helps clients improve social and environmental sustainability, and provides technical assistance and advice to businesses and governments. From its founding in 1956 through FY06, IFC has committed more than $56 billion of its own funds for private sector investments in the developing world and mobilized an additional $25 billion in syndications for 3,531 companies in 140 developing countries. With the support of funding from donors, it has also provided more than $1 billion in technical assistance and advisory services.
IFC, a member of the World Bank Group, today received an environmental excellence award from the District of Columbia, reflecting IFC’s commitment to addressing global environmental challenges and mitigating the effects of climate change.
IFC, a member of the World Bank Group, met yesterday with stakeholders from Latin America in Bogota, Columbia, to discuss ways to strengthen its standards on environment and social sustainability. The discussion focused on ways to better address emerging issues that have re...
IFC, a member of the World Bank Group, welcomes the announcement by BMCE Bank, Banque Marocaine du Commerce Exterieur, that it has become the 68th financial institution to adopt the Equator Principles.
This confirms the bank's commitment to sus...
IFC and the World Bank, members of the World Bank Group, today are launching a guide that will help policymakers and development practitioners design and implement reforms to increase women's participation in the private sector in developing countries.
IFC, a member of the World Bank Group, and Standard & Poor's are launching the world's first carbon efficient index for emerging markets that should mobilize more than $1 billion for carbon-efficient companies over the next three years.
IFC, a member of the World Bank group, and Standard and Poor's invite media to the launch of the world's first carbon-efficiency index for emerging markets that aims to mobilize more than $1 billion for carbon-efficient companies over the next three years.
IFC, a member of the World Bank Group, the International Labour Organization, and Better Work are inviting media to a full-day event highlighting 10 years of increasing competitiveness through the improvement of labor standards.
On November 19, ...
IFC, a member of the World Bank Group, and the Global Reporting Initiative today launched a practitioner’s guide to help organizations worldwide create opportunities for women, adopt best practices in sustainability reporting, and improve companies' bottom lines.
IFC, a member of the World Bank Group, today begins a review and update of its standards on social and environmental sustainability and its disclosure policy, which are part of IFC's longstanding commitment to sound environmental management and social development.