IFC's Priorities in Europe and Central Asia
Our focus is on supporting competitiveness, market and regional integration and economic diversification, strengthening financial sector, mitigating demographic challenges and climate change.
Over fiscal year 2018, IFC invested $2.9 billion, including more than $650 million in mobilized funds, in 45 projects in Europe and Central Asia.
IFC’s clients in the region supported more than 389,000 jobs and provided assistance to more than 40,000 farmers. They also provided health care to more than 4.6 million people, generated power for more than 3.1 million people, and educated more than 16,000 students.
Advisory work plays an important role in IFC's involvement in the region. We work with investment partners to build reliable supply and distribution chains through customized advice on better production and management practices to local suppliers and distributors. IFC also helps local companies improve their corporate governance, and environmental and social practices. We also collaborated with World Bank Group partners to deliver strong advisory work on investment climate, financial markets, and other crucial areas.
Focus Areas
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Competitiveness and Economic Diversification
IFC is investing and providing advisory services to enhance business climate and trade facilitation, develop competitive value chains, support technology-based and export-oriented companies; promote re-skilling and vocational education; help state-owned enterprises restructure and prepare for privatization; promote resource efficiency.
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Financial Sector
IFC works to improve financial infrastructure, facilitate capital market development, support non-performing loan resolution, invest in micro, small and medium enterprises finance with a focus on rural development and women owned companies, digital finance and development of non-bank financial institutions.
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Climate Change
IFC opens markets and invests in renewable energy, energy and other resource efficiency, and green buildings.
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Demographic Challenges
IFC supports development of sustainable cities through PPPs and direct investments (urban transport, water and waste management, district heating); invests in healthcare and capital markets development to better intermediate savings.
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Market and Regional Integration
IFC invests in infrastructure to improve cross-border connectivity, including roads, ports, information and communication technology, logistics, and energy.
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