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Development Economic Impact

As a development institution with a mission to promote private enterprise growth and job creation in the developing world, IFC helps clients understand the business case for social and environmental responsibility: lower costs, reduced political and financial risks, higher productivity, and brand enhancement.

IFC’s life sciences projects are:

  • Creating thousands of direct and indirect jobs
  • Reversing the brain drain in developing countries
  • Expanding access to high-quality and affordable medicines for local people
  • Supporting innovation, science, and technology in developing countries
  • Focusing on neglected diseases that heavily affect poor people in developing countries
  • Helping companies adopt best practices in manufacturing and gain certification in international standards, improving their productivity and enhancing their brand