Izmir—Turkey’s third-largest metropolis—has a sustainable (and creative) approach to water-management. The city organically treats 97 percent of its wastewater, and the residual sludge is then used to create a cement base for new tram-line construction. Video by Stephan Bachenheimer.
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To grow opportunities for the underserved, IFC in South Asia has concentrated on low-income, rural, and fragile regions while building infrastructure and assisting public-private-partnerships; facilitating renewable energy generation; promoting cleaner production, energy and water efficiency; supporting agriculture and sustainable forestry; creating growth opportunities for small businesses; reforming investment climate; encouraging low-income housing; and making affordable healthcare accessible. IFC's strategy in South Asia is built on three pillars:
IFC aims to promote economic inclusion at the base of the pyramid, particularly in the low income states of India *Help address climate change impacts *Encourage global and regional integration including promoting investments from South Asia into Africa
Izmir—Turkey’s third-largest metropolis—has a sustainable (and creative) approach to water-management. The city organically treats 97 percent of its wastewater, and the residual sludge is then used...
Women’s labor-force participation in the Middle East is among the lowest in the world. Nabbesh.com—a platform of more than 100,000 freelancers in the region—is helping women, and others, overcome ...
A forest fire in Beirut inspired these two computer-science students to found a start-up for drone software. They’re now exploring how drones can help to mitigate environmental catastrophes. Video ...
Renewable energy is helping Jordan reduce its dependence on imported fuel. Until recently, such fuel generated 97 percent of the country’s power. This is changing. Within the next three years, Jord...
The Middle East has become one of the most fertile grounds for start-ups. As governments and big companies struggle to provide solutions for the region’s major problems, disruptive technology has o...
New Bankruptcy Law of Republika Srpska, an entity in Bosnia and Herzegovina, was drafted and adopted with technical assistance of IFC, a member of the World Bank Group, in partnership with the Swis...
The Arab World is overwhelmingly young, with the highest youth unemployment in the world. Recent events across the region have amplified the social and economic disconnect between skills, jobs and ...
IFC is the world's largest multilateral investor in the private health sector in emerging markets. Egypt's Magrabi Hospitals, an IFC client, provides cataract surgeries for low-income people.
Maxim Titov is the Operations Officer at the International Finance Corporation. He was one of the first to develop sustainable energy finance for the northwestern region of Russia 7 years ago. His ...
Four years ago, a devastating earthquake hit Sichuan, one of China's least developed regions. With aid from inside and outside of China, much of the region's infrastructure has been rebuilt and the...
Microfinance is improving access to finance and creating opportunity for people in rural Kyrgyz Republic. Expanding access to finance for businesses in a country like the Kyrgyz Republic presents c...
In Latin America and the Caribbean, IFC is at the forefront of private sector initiatives aimed at making markets work for businesses and individuals. We promote long-term partnerships with clients, a business-friendly environment, and inclusive economic growth to create opportunities and reduce poverty.
IFC in East Asia and the Pacific focuses on supporting sustainable, private sector-led development to ensure the region's economic growth reaches all segments of society. Around half of our investments in fiscal year 2011 were in the region's poorest countries with IFC opening up access to finance for small and medium enterprises, connecting rural households to electricity for the first time, improving access to healthcare, and fighting climate change by improving energy efficiency.
In this short documentary we meet Sione, working in New Zealand for the eighth season, who sends money home to his wife each week. These funds have paid for household equipment which is also utiliz...
This short animation visualizes the mechanism that powers IFC & Tonga Development Bank’s new, cashless remittance service. Learn how this partnership has innovated to deliver a compliant, secure an...
Remittances make up around one third of Tonga’s GDP. Tonga Development Bank are an innovative development financial service provider across Tonga. Their partnership with IFC has allowed them to dev...
Myanmar’s re-entry onto the global stage in 2012, provided a unique opportunity for IFC and the World Bank to support the development of the country’s nascent private sector and improve access to f...
IFC and Lao PDR’s Ministry of Natural Resources and Environment developed a 6-step process to characterize the Nam Ou River Basin using innovative methodology to better understand the river and its...
In Myanmar, hydropower needs to get environmental and social sustainability right from the start. In this video, four Myanmar officials share their journey to achieve higher standards and decision ...
Philippines is one of the fastest growing economies in Asia where MSMEs contribute substantially to its GDP and job creation. Despite this, financial inclusion remains a challenge. Based on the W...
DEYANG CITY, China—In this city in Sichuan Province, IFC Executive Vice President and CEO Jin-Yong Cai toured two IFC-sponsored sites, including a stop at the Yuyan Car Sales and Maintenance Facto...
Funded by IFC, the Global Environment Facility, and the Finnish and Norwegian governments, the IFC China Utility-based Energy Efficiency Finance program (CHUEE) is designed to reduce greenhouse gas...
Four years ago, a devastating earthquake hit Sichuan, one of China's least developed regions. With aid from inside and outside of China, much of the region's infrastructure has been rebuilt and the...
In China, allowing the use of movable assets such as farm equipment, livestock and accounts receivable to secure loans has unlocked more than $3 trillion in credit, including $1 trillion for small ...
Water scarcity and pollution are critical issues in China. About two-thirds of China's more than 600 cities suffer from water shortages and more than 100 cities are seriously affected. China's fast...
We are not a bank in the common sense. Owned by 188 member countries, we are one of the world's largest sources of development assistance, with a mission of fighting poverty with passion by helping pe