Private Sector Partners Mobilize for Smart Development

Belém, November 10, 2025 –Last week, the International Finance Corporation (IFC), a member of the World Bank Group, alongside its partners and clients, convened in São Paulo to formalize and celebrate a series of transformative investments. Together with its partners, IFC has mandated, approved, or committed more than $750 million for energy, nature, forestry, water, resilience, agriculture, and sustainable finance. These tangible investments support the implementation focus in Belém, and underscore the vital role of private sector engagement and private capital mobilization in supporting countries’ smart development goals. They are expected to support over $8 billion of investment.

Among the initiatives in this aggregate includes $600 million in debt. For example, IFC committed a $60 million loan to Jalles Machado, a leading Brazilian producer of organic sugar, ethanol, and bioenergy with a strong focus on sustainable and innovative agriculture. The financing will support the use of diversified sugarcane varieties, including drought- and pest-resistant seedlings, that will improve productivity and climate resilience in the Usina Santa Vitoria plantations. It will also support soil restoration and precision agriculture initiatives and improve water-use efficiency—and strengthen IFC’s partnership with Jalles, an IFC client since 2017.

Another example is IFC’s commitment of $90 million as an anchor investor in a $600 million equivalent local currency offshore green bond, issued on November 5, 2025, by the Municipality of Bogotá—the first of its kind from a Latin America city. The Bond proceeds will support urban mobility projects, including Metro Line 2.

The initiatives also included $170 million in equity. For example, AXA IM Alts has closed to date over $560m in its natural capital strategy, where IFC committed a US$25 million equity investment, in addition to commitments from other investors such as DEG and Proparco. The strategy focuses on financing companies and projects looking to address the drivers of deforestation, restore ecosystems in degraded areas and improve conservation efforts, quantified through the issuance of high-integrity carbon credits, complemented with environmental and social co-benefits.

These landmark agreements, and others to be individually announced in the coming weeks, exemplify how private sector partnerships can drive transformative progress. By mobilizing capital for smart development, IFC and its partners are enabling clients to build resilience, manage emissions responsibly, and foster long-term growth and job creation in emerging markets.