IFC, a member o the World Bank Group, is the largest globaldevelopment institution ocused exclusively on the privatesector. We help developing countries achieve sustainablegrowth by fnancing private sector investment, mobilizingcapital in international fnancial markets, and providingadvisory services to businesses and governments. Weplay a catalytic role by demonstrating the proftability o investments in emerging markets.Established in , IFC is owned by member countries,a group that collectively determines our policies. Our workin more than countries allows companies and fnancialinstitutions in emerging markets to create jobs, generate taxrevenues, improve corporate governance and environmentalperormance, and contribute to their local communities.IFC’s vision is that people should have the opportunity toescape poverty and improve their lives.
We account for about a third of theﬁnancing provided by developmentﬁnance institutions to the privatesector in developing countries.
Our climate-change investmentshave tripled since 2007.
We work with more than 750 ﬁnan-cial institutions that command morethan 30,000 distribution points innearly every corner of the develop-ing world.
We have disbursed loans denominatedin more than 45 local currencies.
Since 2007, we have contributednearly $2 billion to the World Bank’sfund for the poorest countries.
We are more diverse than ever—nearly two-thirds of our staff is fromdeveloping countries.
We asked eight representatives of theprivate sector and nongovernmentalorganizations to identify topics of greatestimportance to external stakeholders.They picked six−food and water security,climate change and energy, women asdrivers of economic growth, informationtechnology, public governance, and IFC’srelationship with the private sector. Theseissues are discussed throughout thisreport (see page 105 for a speciﬁc index).