Natural Resources
Natural resources are a vital source of jobs, energy, and government revenues. IFC’s mission in the natural resources sector, which includes oil, gas, and mining, is to help developing countries realize these potential benefits while helping promote sustainable solutions for community development. We provide financing and advice for private sector clients and assist governments in adopting effective regulations and strengthening their capacity to manage these industries across the value chain.
In FY19, our new long-term commitments in the sector totaled about $1 billion, including $758 million mobilized from other investors.
FY19 Development Results
Numbers at the left end of each bar are the total number of companies rated.
Project Financing and Portfolio, by Industry
| Natural Resources $ millions, for the year ending June 30 |
FY19 |
|---|---|
| Long-term investment commitments | 280 |
| Loans | 220 |
| Equity | 60 |
| Guarantees and risk management | – |
| Core mobilization* | 758 |
| Total commitments | 1,037 |
| Portfolio Exposure** for IFC's account | 1,962 |
| Committed portfolio for loan syndications*** | 1,391 |
| Total committed portfolio | 3,353 |
* Including Loan Syndications (B-Loans, Parallel Loans, and MCPP Loans), IFC Initiatives, AMC, Other Mobilization by Decision, and Public-Private Partnerships (PPP) Mobilization.
** Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments.
*** Including B-Loans, MCPP Loans, and Unfunded Risk Participations (URP).
Development Reach
| Natural Resources | Portfolio | ||
|---|---|---|---|
| CY17 | CY18 | ||
| Employment | 37,728 | 22,586 | |
| Female employment | 5,101 | 3,624 | |
| Gas distribution (millions of people) (1)1 | 3.1 | 3.4 | |
| Community development outlay ($ millions) | 18 | 14 | |
| Domestic purchase of goods and services ($ millions) | 4,354 | 2,123 | |
| Payments to governments ($ millions) | 1,755 | 901 | |
1 Includes data from IFC clients that may not be mapped to this industry sector.
