International Finance Corporation
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.
POSTED
03-12-08
International Finance Corporation and United Nations Release Study of Human Rights and Investment Contracts
Washington, D.C. - March 12, 2008 "“ International Finance Corporation (IFC) and the United Nations Secretary-General's Special Representative on Business and Human Rights (SRSG), Professor John Ruggie of Harvard University, released today a consultation draft of the researc...
POSTED
02-11-08
IFC Agreement with ING Bank Supports Abatement of Greenhouse Gas Emissions in Ukraine
WASHINGTON, D.C. - February 11, 2008-IFC, a member of the World Bank Group, and ING Bank N.V. of the Netherlands have signed an agreement to help reduce methane emissions in Ukraine. The agreement takes place under the Netherlands European Carbon Facility, a joint facility o...
POSTED
02-07-08
Applications Sought for IFC Social Responsibility Agribusiness Consultants
The Social Responsibility Program at the International Finance Corporation (IFC) has received Environmental and Social Development Business Line funding toward the cost of conducting an assessment on the viability of implementing the Better Work Program in African agribusine...
POSTED
02-07-08
IFC and ILO Team Up to Support Jordanian Clothing Exports Through Improved Labor Standards
WASHINGTON D.C. - February 7, 2008 - Jordan's Minister of Labor, Basem Khalil Al-Salem, today announced the launch of Better Work Jordan, a project designed by the International Labour Organization and IFC, a member of the World Bank Group, that will help improve working co...
POSTED
01-31-08
IFC Promotes Sustainable Banking in the Middle East
DUBAI - January 31, 2008 "“ Lars Thunell, Executive Vice President and CEO of IFC, a member of the World Bank Group, discussed sustainable banking today with the Middle Eastern banking community. He explained how the integration of social, environmental, and corporate govern...
POSTED
01-30-08
Standard & Poor's ESG India Index Launched
MUMBAI - January 30, 2008 - Standard and Poor's, CRISIL and KLD Research & Analytics, the social and environmental research firm, today announced the launch of the S&P ESG India Index, the first investable index of companies whose business strategies and performance ...
POSTED
01-17-08
International Finance Corporation (IFC) Seeks Senior Project Officer For Social Responsibility Team
WASHINGTON DC - January 17, 2008 - The Social Responsibility Team in the Sustainability Business Innovator (SBI) focuses on developing market based solutions that hold the promise of delivering social benefits for local communities, and that leverage the strengths of communi...
POSTED
01-16-08
Emerging Market Companies Win by Using Innovative Strategies for Sustainable Business, a Joint IFC and SustainAbility Report Reveals
WASHINGTON, D.C. - January 16, 2008 - What do an egg producer in China, a plastic pipe manufacturer in Brazil, and a chemical producer in India have in common? These companies each gained a competitive advantage by developing business strategies to become environmentally and...
POSTED
11-30-07
IFC and Mercer Launch First Sustainability Survey in Emerging Markets
WASHINGTON, DC - November 29, 2007 - IFC, a member of the World Bank Group, has appointed Mercer to undertake the first in-depth research on how prevalent environmental, social, and corporate governance (ESG) factors are in emerging market investments.
POSTED
11-19-07
Innovating to Support Women Entrepreneurs
KAMPALA, UGANDA - November 19, 2007 - A coalition of 15 banks from around the world is coming together in Uganda on November 19-20, 2007, to discuss how to increase access to finance for women entrepreneurs. This year's annual summit of the Global Banking Alliance for Women ...