The International Finance Corporation (IFC), member of the World Bank Group, fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing private capital in local and international financial markets and the provision of mitigation risk and advisory companies and governments. In Latin America and the Caribbean, IFC focuses on key development challenges facing the region. We work to improve the business environment, broaden and deepen access to finance, and encourage infrastructure development. We are increasing our focus smaller countries, especially IDA countries. This includes a strategic approach in the Caribbean islands, which have some of the world’s highest income inequality but also some comparative advantages that investment and advice can build upon. In middle-income countries, we are working to expand IFC’s reach to underserved people at the bottom of the economic pyramid. We have developed an integrated approach of investment and advisory products to address development challenges. We support growing companies in areas where the region has a comparative advantage, providing a combination of equity and debt to support them as they grow. Going forward, IFC will focus on addressing key product needs, such as equity and local currency financing, while continuing to support our clients’ sustainability and innovating in advisory services. |