In FY12, IFC invested a record $20.4 billion in 103 developing countries, reflecting a doubling of our annual commitments over the past five years. Over the same period, our Advisory Services program expenditures grew to $197 million, up more than
More than 200 million people are unemployed today and most of them young people. An additional 600 million jobs need to be created globally by 2020 because of demographic trends – young people wanting to enter the labor force.
More than 1.3 billon people worldwide are still not connected to electricity, including nearly 75 percent of people living in Africa. Since 2007, IFC has increased investment in renewable energy and energy efficiency projects more than fivefold.
Thanks to a loan from IFC’s Clean Production Lending Facility (CPLF), Mriya Agroholding, a Ukrainian agro producer, is boosting its operational processes and realizing significant reductions in its energy consumption, water use, and CO2 emissions.
Achieving positive development results is at the core of IFC’s mission. Measuring development results well is critical, as it helps us to assess our activities, improve our operations, and report on our performance to promote learning and provide accountability to stakeholders.