We’re poised to unlock the full potential of the private sector in building a more sustainable and inclusive global economy.
In fiscal 2024, we pushed boundaries, set new records, and pioneered innovative approaches to mobilize private capital where it’s needed most. Working as one World Bank Group, we brought our collective resources together to make a difference for the people we serve.
With an all-time record of $56 billion in investments — including over $22 billion mobilized from partners — we continued to amplify private sector impact across key development areas. Our efforts contributed to progress in climate action, gender equality, digital transformation, and other critical domains that shape global prosperity.
We are evolving to deliver on our mission.
As an investor, we’re reshaping what’s possible in emerging markets. Our innovative platforms are channeling capital into critical areas like sustainable infrastructure and digital connectivity in places often considered too risky or complex for private investment.
Our role as a partner is moving beyond traditional advisory services. Now more than ever, we’re serving as architects of opportunity, creating environments where private sector solutions can succeed, even in the most challenging markets. Our upstream sector and project development work is helping us unlock new markets and build a robust pipeline of bankable opportunities.
As a catalyst, we’re proving the business case for tackling persistent development challenges. We are leveraging our experience to share knowledge and enhance understanding of risks and opportunities across the markets where we work. From climate-smart agriculture to affordable healthcare, we’re demonstrating that profit and purpose can align at scale.
The stories in this report aren’t just highlights; they’re harbingers of transformative change. They show how we’re accelerating impact across diverse sectors and geographies, setting the stage for even greater achievements in the years to come.
The challenges ahead are substantial. But so is our commitment to improve people’s lives. Working in concert as one World Bank Group and with our growing network of partners, we’re poised to unlock the full potential of the private sector to create jobs and build a more sustainable and inclusive global economy.
As you read this report, I hope you’ll see not just what we’ve accomplished, but the immense ambition for the future as we continue to accelerate private sector solutions to the world’s\ most pressing development challenges.
Makhtar Diop
IFC Managing Director
