The World Bank Group consists of five organizations:
(3) IFC was founded on a bold idea: that the private sector is essential to development.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
They utilize and leverage their products and services—as well as products and services of other institutions in the World Bank Group—to provide development solutions customized to meet clients’ needs.
IFC applies their our financial resources, technical expertise, global experience, and innovative thinking to help their partners overcome financial, operational, and political challenges.
Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.
IFC is also a leading mobilizer of third-party resources for its projects. Their willingness to engage in difficult environments and leadership in crowding-in private finance enables them to have a development impact well beyond their direct resources.
