In Washington, D.C.:
Josef Skoldeberg
Phone:  (202) 473-6978
E-mail: jskoldeberg@ifc.org

Hannfried von Hindenburg
Phone:  (202) 458-5613
E-mail: hvonhindenburg@ifc.org


Washington, D.C., August 3, 2009—IFC, a member of the World Bank Group, has launched an interactive Web site demonstrating sustainable development results in oil, gas, mining, and chemicals industries and delivering up-to-date investment and advisory information to private sector clients, the interested public, media, and governments.

“This new site gives users a vivid picture of our progress in reducing poverty and providing financing to projects in developing countries,” said Somit Varma, IFC’s Global Head for Oil, Gas, Mining, and Chemicals. “We are showing, for instance, how an oil project in India has revived the local economy, how IFC’s financing supported a Russian producer of solar cell material, or how we assisted the health and safety program of a mine in Mozambique.”

The Web site is a subsection of IFC’s newly revamped home page and can be found at www.ifc.org/ogmc.

Key features of the site include:

• The site provides potential oil, gas, mining, and chemicals clients and the general public with key information on IFC’s financing and advisory services in the sectors.  
• The site also supports IFC’s accountability by serving as a platform for development impact data, revenue disclosure figures, development outcome reporting, and in-depth project analysis.
• Among many other stories, we are demonstrating how making profit and reducing poverty goes hand-in-hand at the Lonmin platinum mine in South Africa.  
• Media and the interested public get an at-a-glance overview of our sector experts.
• Industry clients receive an up-to-date view of IFC’s deal expertise with interactive displays of tombstones, client testimonials and specific examples of how we have served clients in the natural resources and chemicals industries in the past.