IFC 3.0: A Timeline -

IFC 3.0, our corporate strategy, has been in place since December 2016. This blueprint for our organization builds on the strengths of our historic approaches, IFC 1.0 and 2.0, which focus on finding the best opportunities to serve our client countries by providing advice and financing to mobilize private sector solutions to their development challenges.

IFC 3.0 is about being proactive, not reactive. We are committed not just to financing projects but also to creating markets—and mobilizing private capital at significant scale, with greater focus on the poorest and fragile and conflict-affected countries.

Learn more    Download PDF

IFC 3.0: A Timeline - 2016

IFC Board Endorses IFC 3.0 Strategy

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

Download IFC Strategy FY20 - FY22

IFC 3.0: A Timeline - 2016

Joint Capital Markets Program (J-CAP)

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

Learn more about J-CAP

IFC 3.0: A Timeline - 2017

IDA Private Sector Window (IDA PSW)

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

Learn more about IDA PSW

IFC 3.0: A Timeline - 2017

The Cascade

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.

Read story on the Cascade

IFC 3.0: A Timeline - 2017

Anticipated Impact Measurement and Monitoring (AIMM)

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

Learn more about AIMM

IFC 3.0: A Timeline - 2017

New Equity Investment Strategy

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

IFC 3.0: A Timeline - 2018

Country Private Sector Diagnostics (CPSD)

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.

Learn more about CPSD

IFC 3.0: A Timeline - 2018

Capital Increase

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
Learn more about Capital Increase

IFC 3.0: A Timeline - 2018

Country Strategies

Action plans describing how IFC can increase its involvement with the private sector in given countries based on their future reform environments, using “if/then” statements that project potential private investment outcomes based on policy reforms that inform World Bank Development Policy Operations.


Stronger collaboration with other development finance institutions for increased impact in fragile and conflict-affected countries.

Learn more about Partnerships

IFC 3.0: A Timeline - 2019

Thought Leadership

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.

Learn more about Thought Leadership

IFC 3.0: A Timeline - 2019


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.

Learn more about Upstream

IFC 3.0: A Timeline - 2020 + Beyond

Looking Ahead

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.