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The Addis Ababa Action Agenda recognized the importance of an expanded role of the private sector in achieving the Sustainable Development Goals (SDGs). Given its six decades of experience, its core competencies and global footprint, the International Finance Corporation (IFC) is well-placed to catalyze much needed private investment. IFC’s new corporate strategy (IFC 3.0) focuses the institution on creating markets and mobilizing private capital, with increased support to countries where private capital flows are inadequate to address major development gaps.

As part of the World Bank Group, IFC has two overarching goals—ending extreme poverty by 2030 and boosting shared prosperity—that are aligned with the SDGs. Through direct investments and advisory services, IFC provides private sector solutions that lay the foundation for sustainable and inclusive economic growth. The objective is to support operations that address development challenges at scale, through project-level outcomes as well as market creation. IFC’s new Anticipated Impact Measurement and Monitoring (AIMM) framework contributes to intensifying the focus on development impact while better articulating IFC’s narrative, emphasizing the benefits of steering business towards more challenging areas, and strengthening measurement and monitoring of both project and market-level effects.

Below is an overview of IFC’s strategic alignment with the SDGs, and articulation of how its operations contribute to achieving the SDGs.


IFC’s Strategic Alignment with the SDGs

IFC operations contribute to several SDGs. Integral to IFC’s mandate and aligned with the WBG’s twin goals are SDGs 1 and 10: ‘No Poverty’ and ‘Reduced Inequality.’ At the strategic sector level, IFC promotes investment and advisory projects in infrastructure, agriculture, financial inclusion, health and education—aligned with SDGs 2, 3, 4, 6, 7, and 9.