IFC and the World Bank signed a new $5 million agreement with the Government of Switzerland, to help develop public and private tools and methodologies that can change how governments and businesses account for, manage, and invest in nature.
An IFC advisory services team is helping Russian power supplier CJSC Nord Hydro build as many as five small hydropower plants, boosting the country’s green energy supply and significantly cutting greenhouse gas emissions.
Private sector development requires more than just finance. Experience shows the powerful role advisory services can play in unlocking investment and helping businesses expand and create jobs. To help the private sector in emerging markets, IFC provides advice, problem solving, and training to companies, industries, and governments.