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The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
Before Malpass became president, his son Robert had joined the International Finance Corporation (IFC), a branch of the World Bank Group that lends money to private sector businesses and whose USD 5.5 billion funding from a USD 13 billion World Bank capital increase was secured by the US Treasury at the time that David Malpass was the Treasury ...
The Independent Evaluation Group (IEG) is an independent unit within the World Bank Group (WBG) charged with objectively evaluating the activities of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA; collectively, the World Bank), the work of International Finance Corporation (IFC) in private sector development, and the ...
the International Finance Corporation (IFC), established in 1956, which provides various forms of financing without sovereign guarantees, primarily to the private sector; the International Development Association (IDA), established in 1960, which provides concessional financing (interest-free loans or grants), usually with sovereign guarantees;
The IDA lends to countries with the aim to finance projects that will develop infrastructure and improve education, healthcare, access to clean water and sanitation facilities, and environmental responsibility. [33] [42] It is considered to be the soft lending window of the World Bank, while the IBRD is considered to be the hard lending window.
The International Finance Corporation (IFC), a part of the World Bank that provides funding for mining projects, applies the Cyanide Code in lieu of its own requirements in its Environmental, Health and Safety (EHS) Guidelines for Mining. As a condition of its loans, IFC EHS Guidelines call on mines to use cyanide in a manner "consistent with ...
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders.
International Finance Corporation’s Investments New York, United States: 1956 Philippe Le Houérou Private Equity: development, health and tech $68000M [6] Actis Capital: London, United Kingdom: 2004 Torbjorn Caesar Private Equity: energy, infrastructure, and real estate $9200M [7] LeapFrog Investments: South Africa: 2007 Jim Roth and Andrew ...