Oil, Gas, & Mining
IFC adds value to clients in the oil, gas, and mining industries through private sector financing and advisory services.
We help developing countries realize sustainable economic benefits from natural resources—a key source of jobs, economic opportunities, investments, revenues to government, and energy.
IFC provides debt and equity financing to oil, gas, and mining projects at all stages of project life cycles. In FY12, our new commitments in the sector totaled $491 million, or about 3 percent of commitments for IFC’s own account.
Our clients range from junior exploration companies to the industry majors. As a development institution, IFC evaluates—as part of our decision-making process—the economic benefits that potential investments will bring to the countries and communities in which they are made.
By applying our internationally recognized Performance Standards and leveraging our Advisory Services support, IFC helps clients manage social and environmental risks, and maximize development opportunities.