IFC—International Finance CorporationFounded 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... Items 1 to 10 of 415Response letter from IFC on investment in the financial sectorThank 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 2013IFC 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... UK civil society meeting with UK World Bank Executive Director Gwen Hines 9 April 2013Notes 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 StudiesSpring 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 ResilienceThis 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... All you need to know: World Bank-IMF spring meetings 2013The 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... Spring meetings 2013: communiqués coverageCoverage of the communiqués from the G24, G20, IMFC and Development Committee at the 2013 spring meetings of the World Bank and IMF. read article... An update and briefing on the global agriculture and food security program (GAFSP)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 changeMinutes of an IFC event at the World Bank / IMF 2013 spring meetings read article... IFC invests in Kenyan private international schoolThe 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... |
Articles: 3795 Related itemsRecent briefings & reports
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 ResourcesTechnical Revision of the World Bank Group Environmental, Health, and Safety Guidelines 19 February Media briefing note: IFC unaware of the environmental/social impacts of nearly half its portfolio 8 February CAO compliance audit of IFC's financial sector investments 5 February Managing forest resources for sustainable development 22 January IFC and job creation 14 January IFC jobs study 14 January Results and Performance of the World Bank Group 2012 8 January Whose development is it? 8 January Managing forest resources for sustainable development 28 December Newswire |
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