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.
Launch of the World Bank Group’s twin goals: ending extreme poverty and boosting shared prosperity.
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.
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.
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.
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.
A thought leader at historical international climate change talks in Paris, IFC showcases emerging-market clients with innovative climate-smart solutions.
Cumulative financing of women entrepreneurs via IFC’s Banking on Women program exceeds $1 billon.
|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