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IFC Disclosure Glossary

The Disclosure Glossary provides definitions for IFC documents and other types of information produced by IFC.

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Hide details for Environmental & Social CategoriesEnvironmental & Social Categories

An environmental and social category is assigned to an investment project after appraisal and before public disclosure during the IFC project/investment cycle.

Projects are assigned a category of A, B, or C, in descending order of environmental and social sensitivity, or FI, in the case of financial institutions that on-lend to clients who may present environmental and social concerns.

Category A projects require a minimum 60-day disclosure period. All other projects require at least 30 days.

Category A
Projects expected to have significant adverse social and/or environmental impacts that are diverse, irreversible, or unprecedented.

Category B
Projects expected to have limited adverse social and/or environmental impacts that can be readily addressed through mitigation measures.

Category C
Projects expected to have minimal or no adverse impacts, including certain financial intermediary projects.

Category FI
Investments in Financial Intermediaries that themselves have no adverse social and/or environmental impacts but may finance subprojects with potential impacts.

Show details for Environmental & Social Review Summary (ESRS)Environmental & Social Review Summary (ESRS)

Show details for IFC Policy & Performance StandardsIFC Policy & Performance Standards

Show details for IFC Project Cycle or Investment CycleIFC Project Cycle or Investment Cycle

Show details for Summary of Proposed Investment (SPI)Summary of Proposed Investment (SPI)