International Finance Corporation2012-03-192012-03-192010https://hdl.handle.net/10986/4360More than 200 million people in the developing world were out of work this year. Over 1 billion are hungry, while millions more are confronting the threat that climate change poses. The United Nations estimates that 884 million people don't have safe drinking water and more than 2.6 billion people lack basic sanitation. The population of the developing world will expand by a third over the next four decades, growth that will strain already weak infrastructure. In this environment, International Finance Corporation (IFC) is innovating to create opportunity where it's needed most. IFC committed a record $18 billion in fiscal year 2010, $12.7 billion of which was for own account. We invested in 528 projects, an 18 percent increase from FY09. Advisory Services portfolio comprised 736 active projects valued at more than $850 million, with annual expenditures totaling $268 million. Countries served by the International Development Association, or IDA, accounted for nearly half our investments 255 projects totaling $4.9 billion and more than 60 percent of Advisory Services expenditures. Sub-Saharan Africa accounted for 19 percent of our investment commitments and 25 percent of Advisory Services expenditures. The invested a record $1.64 billion in clean energy, leveraging $6.8 billion, while climate change related projects grew to 15 percent of the value of our Advisory Services portfolio. The investments in microfinance rose 10 percent to $400 million, expanding microfinance portfolio to $1.2 billion.CC BY-NC-ND 3.0 IGOACCOUNTINGACCOUNTING STANDARDSASSET CLASSASSET MANAGEMENTASSET PORTFOLIOSASSET QUALITYASSET VALUESASSET-BACKED SECURITIESASSET-LIABILITY MANAGEMENTASSET-LIABILITY MISMATCHESASSETS RATIOBALANCE SHEETBALANCE SHEETSBANK DEPOSITSBENCHMARK BONDSBONDSBORROWERBUYBACKSCAPITAL ADEQUACYCAPITAL ALLOCATIONCAPITAL BASECAPITAL GAINSCAPITAL REQUIREMENTSCAPITAL STOCKCAPITALIZATIONCASH FLOWSCASH INFLOWSCERTIFICATES OF DEPOSITSCOLLATERALCOLLATERAL AGREEMENTSCOLLECTIVE INVESTMENTCOMMERCIAL BANKSCOMMODITY PRICECONFLICTS OF INTERESTCONTRACTUAL OBLIGATIONSCORPORATE BONDSCORPORATE GOVERNANCECORPORATE LAWCREDIT GUARANTEESCREDIT POLICIESCREDIT QUALITYCREDIT RATINGCREDIT RATING AGENCIESCREDIT RATINGSCREDIT RISKCREDIT RISK EXPOSURESCURRENCYCURRENCY COMPOSITIONCURRENCY RISKDEBTDEBT INSTRUMENTSDEBT OBLIGATIONSDEBT RESTRUCTURINGDEBT SECURITIESDEBT SECURITYDECENTRALIZATIONDERIVATIVEDERIVATIVE INSTRUMENTSDERIVATIVE PRODUCTSDERIVATIVE TRANSACTIONSDERIVATIVESDERIVATIVES MARKETDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT FINANCEDIRECT INVESTMENTSDISBURSEMENTDISBURSEMENTSDISCOUNT NOTEDIVERSIFIED INVESTORDOMESTIC CAPITALDOMESTIC CAPITAL MARKETSDOMESTIC MARKETSDUE DILIGENCEEMERGING MARKETEMERGING MARKET COUNTRYEMERGING MARKETSENABLING ENVIRONMENTEQUITY FUNDEQUITY FUNDSEQUITY INVESTMENTEQUITY INVESTMENTSEQUITY RETURNSEQUITY VALUATIONSEXCHANGE RATESEXPENDITURESEXTERNAL FUNDINGFAIR VALUEFAIR VALUESFINANCESFINANCIAL CRISISFINANCIAL FUTURESFINANCIAL INSTITUTIONFINANCIAL INSTRUMENTSFINANCIAL MARKETFINANCIAL PERFORMANCEFINANCIAL RISKFINANCIAL STATEMENTSFINANCIAL STRUCTUREFINANCIAL SYSTEMFISCAL POLICYFIXED INCOMEFIXED INCOME SECURITIESFLOATERFLOATING RATEFOREIGN CURRENCYFOREIGN EXCHANGEFOREIGN INVESTMENTFRAUDFUND MANAGERGLOBAL TRADEGOVERNANCE STANDARDSGOVERNMENT BONDSGOVERNMENT GUARANTEESGOVERNMENT SECURITIESGUARANTEE FEESHOST GOVERNMENTINCOME INSTRUMENTSINFORMATION TECHNOLOGYINSURANCEINTEREST RATEINTEREST RATE FUTURESINTEREST RATE RISKINTEREST RATE RISKSINTEREST RATE SWAPINTEREST RATE SWAPSINTERNATIONAL BANKINTERNATIONAL CAPITALINTERNATIONAL CAPITAL MARKETSINTERNATIONAL CREDITINTERNATIONAL CREDIT RATINGINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL FINANCIAL INSTITUTIONSINVESTINGINVESTMENT ACTIVITYINVESTMENT CLIMATEINVESTMENT GUIDELINESINVESTMENT OPPORTUNITIESINVESTMENT PORTFOLIOINVESTMENT PROCESSINVESTMENT VEHICLESINVESTOR CONFIDENCEISSUANCEISSUANCESLENDERLENDERSLIABILITYLIQUID ASSETLIQUID ASSETSLIQUIDITYLIQUIDITY MANAGEMENTLIQUIDITY RISKLIVING STANDARDSLOANLOAN PARTICIPANTSLOAN PORTFOLIOLOCAL CURRENCYLOCAL FINANCIAL MARKETSLOCAL GOVERNMENTLONG-TERM EXTERNAL DEBTMARK-TO-MARKETMARKET ACCESSMARKET BORROWINGSMARKET CONDITIONSMARKET LIQUIDITYMARKET MAKERSMARKET RISKMATURITIESMATURITYMICRO-FINANCEMICROFINANCEMONEY MARKETMONEY MARKET INSTRUMENTSMORTGAGEMORTGAGE FINANCEMORTGAGE-BACKED SECURITIESNONPERFORMING LOANOUTSTANDING DEBTPARTIAL CREDITPORTFOLIOPORTFOLIO MANAGEMENTPORTFOLIOSPOTENTIAL INVESTMENTPRICE TRANSPARENCYPRIVATE CAPITALPRIVATE EQUITYPRIVATE INVESTORSPRIVATE SECTOR FINANCEPROBABILITY OF DEFAULTPRODUCTIVE INVESTMENTSPUBLIC MARKETSREPAYMENTREPOSRESERVERESERVESRETURNRISK MANAGEMENTRISK MANAGEMENT SERVICESRISK MANAGEMENT TOOLSRISK OF LOANSRISK SHARINGSETTLEMENTSHAREHOLDERSSOVEREIGN RISKSUBORDINATED DEBTSWAPTIME DEPOSITSTRADE FINANCETRADINGTRANSACTIONTRANSITION COUNTRIESTREASURIESTREASURYTRUST FUNDSVARIABLE RATEWorld Bank10.1596/4360