We support the development of markets that are inclusive, sustainable, and efficient. Building on IFC’s environmental and social performance standards, we promote sustainable business practices in such sectors as agribusiness, infrastructure, oil, gas, and mining, and manufacturing and services. Our programs promote good corporate governance practices, build the capacity of small firms and small-scale farmers, advance women entrepreneurs, and engage the private sector in climate-change solutions. At the end of FY11, we had an active portfolio of 199 projects in 70 countries, valued at $231.6 million. Our project expenditures totaled $59.8 million. In all, 56 percent of project expenditures attributable to clients in individual countries went to IDA countries and 11 percent to fragile and conflict-affected countries.