International Finance Corporation is a member of the World Bank Group. IFC’s purpose is to create opportunity for people to escape poverty and improve their lives by: promoting open and competitive markets in developing countries, supporting companies and other private sector partners where there is a gap, helping generate productive jobs and deliver essential services to the underserved, and catalyzing and mobilizing other sources of finance for private enterprise development. \r +
To achieve our purpose, IFC offers development impact solutions through firm-level interventions (direct investments, Advisory Services, and IFC Asset Management Company), standard setting, and business-enabling environment work.
(International Finance Corporation, Washington, D.C., 2023-10-19) International Finance Corporation
IFC, a member of the World Bank
Group, is the largest global development institution focused
on the private sector in emerging markets and developing
economies. We work in more than 100 countries, using our
capital, mobilization capacity, expertise, and influence to
create jobs and raise living standards, especially for the
poor and vulnerable. In fiscal year 2023, IFC committed a
record 43.7 billion dollars to private companies and
financial institutions in developing countries, leveraging
the power of the private sector to improve people’s lives as
economies grapple with the impacts of global compounding crises.