“It is crucial that we understand every project proposal and developer is different,” says Sosouphanh. “When we approach a negotiation, we need to be prepared with solid background information on the developers."
Cruise tourism injected $34 million Australian dollars into the Pacific island nation of Vanuatu and brought an estimated further $18 million dollars in indirect economic benefits last year, according to a new IFC study.
In hydropower development, feasibility studies foretell potential project impact and weigh risks against benefits. While these studies are a requirement for all hydropower developers in Lao PDR, there is limited guidance on what information to includ
IFC is keen to invest in companies, such as Aihuishou, that are using technology and innovative approaches to make reuse and recycling more transparent and reliable for consumers, retailers, and manufacturers around the world.
IFC in East Asia and the Pacific focuses on supporting sustainable, private sector-led development to ensure the region’s economic growth reaches all segments of society. Around half of our investments in fiscal year 2012 were in the region’s poorest countries with IFC opening up access to finance for small and medium enterprises, connecting rural households to electricity for the first time, improving access to healthcare, and fighting climate change by improving energy efficiency.