Europe and Central Asia
IFC invested $4.2 billion in Europe and Central Asia in FY13, including nearly $1 billion mobilized from other investors. Through our investment and advisory programs, we focused on supporting the poorest countries, improving lives in fragile and conflict-affected areas, and facilitating projects related to climate change.
About half of our total commitments in the region were directed to the financial sector, which enabled us to expand access to finance for businesses and individuals, especially in underserved countries and regions.
We invested more than $1 billion in projects that target micro, small, and medium enterprises, and nearly the same amount in the manufacturing, agribusiness, and services sectors. Investments in the infrastructure and natural-resources sectors totaled more than $700 million.