Credit insurance is increasingly important in helping to boost development finance. Our new $3 billion credit #insurance policy with 14 global insurers will support real sector projects, create jobs & boost economic activity in #emergingmarkets. https://t.co/JyH8DiltlV
By creating jobs and opportunities that help reduce poverty and improve living standards, IFC is delivering impactful results in building a better future for the people that are most in need.
Download our Annual Report to learn more. https://t.co/tzmt3xkhFC #AcceleratingImpact
For decades, @IFC_org has been at the forefront of mobilizing private capital where it’s needed most. @WorldBank Group statistics can help private investors feel more confident about investing in emerging markets. Learn more: https://t.co/moLDnZzXfT
In this interview with @CNBC's @dan_murphy, IFC Managing Director @Diop_IFC outlines the role of #BlendedFinance in scaling up private investment for energy transition in developing countries.
Watch here to learn more: https://t.co/3mHaz3zS0k #WorldGovSummit#WGS24
An IFC and @gafspfund program is changing the lives of #Haiti’s 🇭🇹 smallholder farmers by helping them increase production and enter formal markets, while producing sustainable incomes and boosting food security. You can read the story here: https://t.co/xNJcMYU7rb
Through an innovative public-private partnership with @IFC_org, combining private and concessional financing, 14 hospitals in Côte d'Ivoire will soon offer advanced lab and imaging services – modernizing healthcare for 6.7M in rural and urban communities. https://t.co/dNmMBNi3zP
Global growth is projected to slow for the third year in a row—from 2.6% last year to 2.4% in 2024, almost ¾ of a percentage point below the average of the 2010s.
Read the new Global Economic Prospects Report #GEP2024: https://t.co/DwPPqMJONI
Over the past decade, IFC’s MCPP mobilization platform has raised $16 billion. Each year, the program has:
↪️ Served 2 million patients
↪️ Generated power to +5 million people
↪️ Connected phones to 44 million people
↪️ Reached +207,000 farmers
More: https://t.co/HtxMJQICiB
India must accelerate its annual climate investments from $18 billion to $170 billion by 2030 to achieve its net-zero targets. New @IFC_org report shows how #BlendedFinance can help bring in private capital to bolster India’s energy transition. 🖱️https://t.co/z22pLgOHHb
Private capital is expected to play an increasingly large role in low-#emissions power and an outsized role in using #CleanEnergy and developing clean fuels, while taking a backseat to grid development.
Read the full @IFC_org & @IEA report below:
https://t.co/tcQMR2ucNe
Innovative financing solutions can attract insurers and expand #development lending. Through its Managed Co-Lending Portfolio Program (MCPP) FIG III, IFC has mobilized $3.5 billion from 13 #insurers to boost economic growth in emerging markets. https://t.co/S7kbxRWCjY
IFC has partnered with 13 global insurers to raise $3.5 billion to increase development lending in emerging markets. The program will boost financial inclusion and support #SMEs, women-owned businesses & #climatefinance. Learn more: https://t.co/HiZ49Uygmv
Innovative financing solutions can attract insurers and expand #development lending. Through its Managed Co-Lending Portfolio Program (MCPP) FIG III, @IFC_org has mobilized $3.5 billion from 13 #insurers to boost economic growth in emerging markets. https://t.co/wb6FD04Kht
[NEWS]: IFC has partnered with 13 global insurers to raise $3.5 billion to increase development lending in emerging markets. The program will boost financial inclusion and support #SMEs, women-owned businesses & #climatefinance. Learn more: https://t.co/S7kbxRW4uq
🚨NEW: @CIF_Action will invest $70m to spark Brazil's $9b energy transformation! 🇧🇷
Alongside partners, we're helping
- 2x renewables capacity
- reduce emissions by 57m tCO2e or more
- scale up GH2
- expand clean energy access for 3m+ people.
https://t.co/alNiM1K5Jj
Warm welcome to Ajay Banga, 14th President of the @WorldBank Group!
I’m looking forward to working with him to maximize our impact and support to EMDEs in achieving ambitious development outcomes.
Welcome to Ajay Banga, the new President of the @WorldBank. Looking forward to working together to mobilize private capital at scale at a time of great need and build a more sustainable and more equitable world.
📢NEWS: IFC and @Iberdrola launched a global partnership to promote #cleanenergy transition in developing countries. It includes a new green sustainability-linked loan to @Neoenergia + potential #sustainablefinance for renewables projects: https://t.co/BEaTTAWSST
📢The first project under IFC’s Global Food Security Platform is in Bangladesh! And it will help ensure #foodsecurity, improve the incomes of 1000s of farmers, and showcase how modern technology is vital to creating a resilient future food market.
https://t.co/d35CXUfTcV
In 2021, DFIs deployed over $1.9B of concessional funding to support various high-impact #blendedfinance projects across for a total project cost of $13.4B. The latest DFI Joint report tells the stories behind these numbers. Read more. 👇 https://t.co/jRnbZgFY8d
The Executive Directors of the @WorldBank today selected Ajay Banga as the President of the World Bank. Mr. Banga begins his five-year term on June 2, 2023.
Read the news release: https://t.co/xeSDLCwGUn