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The World Bank Group aims to eradicate extreme poverty and increase shared prosperity through economic growth, inclusion, and sustainable development. In Europe and Central Asia, IFC furthers these objectives, with a strong focus on high-impact projects that can help address the most pressing needs of the region. We focus on boosting the green economy, increasing access to finance and promoting inclusion, and improving competitiveness and connectivity to help the region’s economies grow sustainably and inclusively, protecting and creating jobs. Since the COVID-19 pandemic hit, we have focused our efforts on helping the private sector mitigate the economic fallout.
Our long-term investments in the region totaled $2.5 billion in the fiscal year ending in June 2020, including $1.1 billion million mobilized from other investors.
Development Reach
The impact of IFC clients in the region in 2019:
- $43.3 BILLION IN LOANS TO MSMES
- 1.2 MILLION PEOPLE SUPPLIED WITH POWER
- 30.7 THOUSANDFARMERS REACHED
- 11.3MillionPATIENTS SERVED
- 366THOUSAND JOBS SUPPORTED
A company or entrepreneur seeking to establish a new venture or expand an existing enterprise can approach IFC directly.
The investment proposal can be submitted to the IFC field office that is closest to the location of the proposed project.
