This new strategy shifts IFC’s business model to focus on creating markets.

A World Bank Group partnership combines investment and advice to help countries develop their capital markets and meet local development needs.

Large-scale blended finance and mobilization platform helps IFC to de-risk projects and markets and crowd in commercial financing.

A World Bank Group decision-making sequence that prioritizes private sector solutions wherever possible in order to optimize use of public sector resources to focus them on challenges that the private sector cannot address.

IFC’s system for measuring development impact rates both a project’s outcomes and its effect on market creation.

Based on diagnostics and volume of equity in IFC portfolio, plus improved macroeconomic analysis and dedicated staff for equity investment.

Joint IFC/World Bank reports that identify opportunities for an increased private sector role in a country’s development, the current obstacles to growth, and key actions needed to unblock them.

As part of a $5.5 billion capital increase agreement, by 2030 IFC will:

• More than double its aggregate annual delivery
• More than triple annual own-account investment in the poorest and most fragile countries
• More than quintuple annual own-account commitments to the poorest of the poor countries (defined as low-income IDA and fragile and conflict-affected IDA countries)
• Triple its amount of annual climate-related own-account financing and quadruple annual own-account financing dedicated to women and women-owned SMEs

A renewed commitment to contributing to the global conversation on best practices and standard setting in private sector development, beginning with new principles for impact investing.

A proactive approach to both create markets and more bankable projects to attract new private investment in strategic sectors that will lead to growth and jobs.

With these new strategic tools and approaches in place, IFC is well-positioned to provide a global COVID-19 crisis response package and significantly increase its financing in line with its 2030 goals.