International Finance Corporation (IFC)

About us

International Finance Corporation (IFC): An international intergovernmental organization (an affiliate of the IBRD) established in 1956 to promote the economic development of private enterprises in the absence of government guarantees from the state concerned, and to encourage the inflow of private capital. into the manufacturing sector, especially in developing countries. IFC is headquartered in Washington, DC.
While low-carbon solutions are gaining traction, the world is still dangerously off-track when it comes to slowing down climate change.  Emerging markets – given their huge development needs and growing energy demand - will see a steady growth in greenhouse gas emissions over the next decade and are the most heavily impacted by climate change.
But climate is also a major economic opportunity that can promote growth, create jobs, and accelerate the transition to low-carbon development in a wide range of sectors.
Our research shows that climate business can generate $23 trillion in investment opportunities, create 213 million cumulative jobs, and achieve 4 billion tons of CO2e reduction in developing countries. Helping our clients tap into these opportunities and working with a host of partners to catalyze finance for climate action, is at the core of our business. In 2021, IFC delivered 32% in own-account climate finance and mobilized $3.6 billion for climate.
IFC is uniquely placed to help these countries mobilize the necessary private capital to decarbonize their economies and adapt to a warming planet.