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CURRENT PROJECTS CURRENT PROJECTS Russia Cleaner Production Program http://www.ifc.org/rcpp 2008 – present Supported with funds from the Free State of Saxony (Germany), the Netherlands’ Agency for International Business and Cooperation (Dutch Ministry of Economic Affairs) and IFC FMTAAS The Russia Cleaner Production Program (RCPP) is designed to stimulate investment in cleaner production projects and promote cleaner production best practices and policies in Russia. The program helps to advance the economic and environmental performance of Russian industry. Enterprises will improve resource efficiency and lower costs, thus enhancing their profitability. By implementing cleaner production technologies and best practices, they will also reduce wastage, prevent pollution and help offset climate change.  More...Russia Banking Advisory Project http://www.ifc.org/rbap 2007 – present Supported with funds from the Ministry for Foreign Affairs of Finland, and the Ministry of Economic Affairs of the Netherlands The project works with medium-sized Russian banks to improve their internal control and risk management systems, reflecting the rapid development of the banking sector in terms of volume and complexity of business.The project will also conduct a series of public seminars on risk management and controls and disseminate information for the banking sector to increase its overall reach and impact. The project will leverage the work, visibility and resources of the Russia Banking Corporate Governance Project (2004-2007), funded by the Swiss State Secretariat for Economic Affairs of Switzerland (SECO). More...Russia Primary Mortgage Market Development Project www.ifc.org/russia_mortgage 2005 – present Supported with funds from the Government of the Netherlands, the State Secretariat for Economic Affairs of Switzerland (SECO), and IFC The project aims to develop and strengthen the primary mortgage market in Russia in such a way as to enable expansion of the secondary mortgage market, thereby deepening and broadening Russia’s financial markets. The project focuses on three objectives: improving the legislative environment, building the mortgage industry and developing the capacity of partner banks, and increasing outreach to potential borrowers. More...Russia Sustainable Energy Finance Program www.ifc.org/russia/energyefficiency 2005 - present Supported with funds from Denmark’s Environmental Protection Agency, the Ministry for Foreign Affairs of Finland and the Ministry of Trade and Industry, the Free State of Saxony, the World Bank’s Global Environment Facility, and IFC’s Sustainable Financial Markets Facility The component of the project based in the Volga region is supported by the Free State of Saxony The Russia Sustainable Energy Finance Program works across Russia to encourage investments in energy efficiency projects. The project helps financial institutions and companies to assess modernization projects, and provides long-term credit to banks to enable energy efficiency loans. By participating in public information campaigns, the project also works to raise general awareness about the need for greater energy efficiency in Russia. More...Russia Far East Business Development Project 2002 - present Supported with funds from the Canadian International Development Agency (CIDA) The project works to extend the developmental impact of a joint IFC/Canadian investment to the local community of the Russia’s far Northeast (Magadan region). The project helps small and medium-sized companies (SMEs) to overcome basic but critical barriers to their development, including weak business management skills, limited access to market information, poor access to financing, and lack of customer focus. More... | SITE TOOLS  
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