IFC—International Finance Corporation
Founded in 1956, the IFC assists with private sector investments, primarily through mobilizing capital on international financial markets, and by providing technical assistance and advice to governments and businesses in developing countries. The IFC coordinates its activities in many areas with the other institutions in the World Bank Group: the World Bank president also serves as the IFC's president. Its current executive vice president is Jin-Yong Cai. The IFC generally operates independently as it is legally and financially autonomous with its own Articles of Agreement, share capital, management and staff. The IFC has 3,100 staff; 181 members; and lends in 80 countries, with 40 per cent of its investments in the financial sector. In 2008 the IFC´s worldwide committed portfolio for its own account was $32.3 million and $7.5 million held for participants in loan syndications. read more background...
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Letter||17 May 2013|
Thank you for your email letter addressed to Dr. Jim Kim, President of the World Bank Group, dated 12th March 2013, and your clarifying email of 27th March, relating to IFC investments in the financial sector. In this regard, following Dr Kim's response to you, he has asked us to provide a detailed response to your messages. read article...
Notes of IFC-CSO discussion of CAO financial markets audit Notes of a meeting from 19 April 2013
Minutes||17 May 2013|
IFC has responsed to a letter from a number of NGOs sent to President Kim. These notes are from a 19 April 2013 meeting at IFC headquarters in Washington DC. read article...
Minutes||29 April 2013|
Notes of a meeting with UK executive director to the World Bank Gwen Hines in April 2013 read article...
Doing Business at the crossroads: ten years Spring meetings side event at the Center for Strategic and International Studies
Minutes||25 April 2013|
Spring meetings side event hosted by the Center for Strategic and International Studies on 19 April 2013 read article...
Working paper: The private sector and climate change adaptation International Finance Corporation investments under the Pilot Program for Climate Resilience
Briefing||24 April 2013|
This paper looks at PPCR projects implemented under the World Bank's private sector lending arm, the International Finance Corporation, highlighting important questions concerning the design, implementation and operation of projects financed from public climate funds using private sector actors. In summary, the analysis suggests that the integration of private sector projects into national planning processes and strategies is crucial. read article...
News||22 April 2013|
The 2013 spring meetings of the World Bank and IMF will take place from 18 to 20 April in Washington, DC. You will be able find links below to analysis of the communiqués as well as notes of some of the civil society and official meetings, as they become available. read article...
News||22 April 2013|
Coverage of the communiqués from the G24, G20, IMFC and Development Committee at the 2013 spring meetings of the World Bank and IMF. read article...
Minutes||19 April 2013|
World Bank briefing on the Global Agriculture and Food Security Program (GAFSP) with a particular focus on recent private sector window projects. read article...
The private sector and poverty eradication The World Bank Group vision: Using results measurement to drive for change
Minutes||19 April 2013|
Minutes of an IFC event at the World Bank / IMF 2013 spring meetings read article...
News||9 April 2013|update 85|
The International Finance Corporation (IFC, the private sector arm of the World Bank) in mid-March proposed a $7 million investment in Kenyan private education firm, Brookhouse Schools Limited. read article...
Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience 24 April 2013
The UK's role in the World Bank and IMF: Department for International Development and HM Treasury 13 March 2013
Infrastructure as an asset class: Financing development or developing finance? 3 July 2012
'Leveraging' private sector finance: How does it work and what are the risks? 18 April 2012
No fairy tale: Singrauli, India, still suffering years after World Bank coal investments 18 November 2011
A faulty model?: What the Green Climate Fund can learn from the Climate Investment Funds 21 June 2011
IFC and job creation 14 January
IFC jobs study 14 January
Whose development is it? 8 January