Overview of IFC Performance Standard 7

May 5, 2022

The IFC Sustainability Framework articulates IFC's strategic commitment to sustainable development and is an integral part of our approach to risk management. It promotes sound environmental and social E&S practices, encourages transparency and accountability, and contributes to positive development impacts. IFC’s Performance Standards, which are part of the Sustainability Framework, have become globally recognized as a benchmark for environmental and social risk management in the private sector.

Presented by IFC’s Environmental, Social, and Corporate Governance (ESG) specialists, this 75-minute webinar will provide a high-level overview of Performance Standard 7 (PS7). Indigenous Peoples (IPs) may be particularly vulnerable to the adverse impacts associated with project development, including the risk of impoverishment and loss of identity, culture, and natural resource-based livelihoods. PS7 seeks to ensure that business activities minimize negative impacts, foster respect for human rights, dignity, and culture of indigenous populations, and promote development benefits in culturally appropriate ways. Informed consultation and participation with IPs throughout the project process is a core requirement and may include Free, Prior, and Informed Consent under certain circumstances.


About the Presenters:

Diana Baird

Principal Social Development Specialist
International Finance Corporation

Jorge E. Villegas

Senior Environmental and Social Dev. Specialist
International Finance Corporation


This webinar is intended solely to provide information to the public.  

This webinar and any related materials are a product of the staff of the International Finance Corporation (IFC) and external participants in the webinar. The views and opinions expressed as part of this webinar do not necessarily state or reflect those of IFC. IFC does not guarantee the accuracy, reliability or completeness of the content included in this webinar, or for the conclusions or judgments described in this webinar, and accepts no responsibility or liability for any omissions or errors in the content whatsoever or for reliance thereon.

This webinar should not be reproduced or distributed without IFC’s prior consent.