IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. They create opportunity for people to escape poverty and improve their lives. They do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development.
Strategic Priorities
IFC emphasizes five strategic priorities for maximizing its sustainable development impact:
SERVICES
IFC provides investment and advisory services that help businesses in the developing world meet the challenges of the global marketplace.
Their investment and advisory services are flexible and can be tailored to a client’s specific needs, often brought together in innovative solutions that add value.
They finance client firms directly and through intermediaries such as banks, leasing companies, housing finance institutions, and private equity funds. They have also established a separate, wholly owned subsidiary, IFC Asset Management Company, LLC. It will be the fund manager of a global equity fund to recapitalize banks, the IFC Capitalization Fund, and other third party capital.
Launched in 2009, the asset management company lets us make more investments—pooling resources from other investors—than they can when investing directly.
IFC INVESTMENT SERVICES
IFC ADVISORY SERVICES
ACCESS TO FINANCE
Providing advisory services geared toward financial institutions and governments, helping to improve access to basic financial services for households and micro, small, and medium-sized enterprises
INVESTMENT CLIMATE
Helping governments improve legal, institutional, and regulatory conditions, making their economies more conducive to private sector growth
CORPORATE ADVICE
Helping firms grow and become more competitive through advice on corporate governance, supply chain linkages with IFC investment projects, and other key needs
ENVIRONMENTAL AND SOCIAL SUSTAINABILITY
Promoting the large-scale adoption of business models that are profitable, good for the environment, and promote social development by demonstrating practices that can generate green profits
INFRASTRUCTURE
Advising governments and firms on ways to strengthen local infrastructure, with a focus on health care and education, public-private partnerships, privatization, renewable energy, and complex project development