Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
Countries which have successfully developed and reduced poverty over the past century have done so largely by developing their manufacturing sectors. In most countries, manufacturing generates more economic activity per dollar of production than any other business sector.
Manufacturers directly create jobs across a range of skill levels, enabling people, especially women, to move from informal work to formal employment with benefits, such as more security, better pay, social insurance and access to financial services.
Manufacturing creates opportunity across industry value chains by increasing demand for raw materials, energy, construction, technology, and services from a broad array of supplying industries in the economy.
The impact of IFC clients in 2021:
Jobs for women supported
Payments to governments
At a Glance
In FY22, our new long-term commitments in the manufacturing sector totaled about $2 billion, including $940 million mobilized from other investors.
IFC helps manufacturers implement and finance strategies aimed at decarbonizing their operations. Our work focuses on initiatives that promote energy efficiency, renewable and alternative energy, emerging technologies, and resource efficiency.
Accelerating Solutions for Sustainable Manufacturing
IFC’s Global Manufacturing Conference will take place in Vienna, Austria on September 26-28, 2023, and will bring together leading manufacturers, government leaders, industry experts, and financial and development institutions to network, share experiences, and explore new technologies and business models that companies can leverage to accelerate solutions for sustainable manufacturing.