2010s - INCREASING IMPACT
Decade 6
2010s — Increasing Impact
Working on a larger scale than ever before, IFC creates new integrated solutions that extend the private sector's reach in development.
2013
Launch of the World Bank Group’s twin goals: ending extreme poverty and boosting shared prosperity.
2013
The People’s Bank of China pledges $3 billion to IFC’s new Managed Co-Lending Portfolio Program (MCPP), becoming the new syndications program’s first investor.
2014
IFC’s first offshore ‘masala’ bond in Indian rupees issued in London. Building on the earlier model of IFC’s ‘dim sum’ offshore Chinese currency bonds, the masala bond program in time grows to $3 billion.
| LOOKING AHEAD |
Today we have more than half our staff in developing countries, offer expanded advisory services, and mobilize more funds from third-party sources than ever.
We have devised new models to provide solutions in the face of new challenges—such as climate change and urbanization.
Building on our history, we are taking steps to increase the private sector’s role in global development.
2015
IFC plays a key role in highlighting the importance of the private sector in achieving the Sustainable Development Goals, contributing many of the ideas featured in the Billions to Trillions paper released at the Financing for Development conference in Addis Ababa.
2015
A thought leader at historical international climate change talks in Paris, IFC showcases emerging-market clients with innovative climate-smart solutions.
2016
Cumulative financing of women entrepreneurs via IFC’s Banking on Women program exceeds $1 billon.
| GLOBAL CONTEXT |
| 2011: Arab Spring begins 2013: Emerging markets account for more than 50 percent of world's GDP for the first time. 2015: Launch of Sustainable Development Goals 2015: 3.2 billion Internet users and even more mobile-phone accounts worldwide |
