Region

East Asia and the Pacific

Economic growth in East Asia and the Pacific has lifted millions out of poverty over the past decades. Yet overlapping global crises have deepened inequality and led to reversals in development gains. Accordingly, IFC’s key priority is to support a green, resilient, and inclusive growth in the region.

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We invest in projects across sectors such as healthcare, agribusiness, technology and infrastructure, and work with financial institutions to expand the reach of our work. We provide advice to companies and governments on key areas of private sector development, including access to finance, Environmental, Social and Governance (ESG), trade and competitiveness, and public-private partnerships.

At a Glance

In FY23, our long-term commitments in East Asia and the Pacific totaled about $3.7 billion, including more than $1.2 billion mobilized from other investors. Our clients disbursed more than 23 million loans to smaller businesses, totalling nearly $446 billion.

Development reach of IFC clients in 2022

  • 879 K
    Jobs created via direct investments
  • 943 K
    Jobs created by fund investee companies
  • 535 M
    In payments to governments as results of IFC direct investments
  • 1.14 B
    In payments to governments by Fund Investee Companies

Areas of Focus

IFC supports sustainable, private sector-led development to ensure that economic growth reaches all segments of society, driving impact, creating opportunities, and improving the lives of people in the region.

Inclusion

While supporting banks and non-bank financial institutions, IFC plays a key role to increase access to finance for the underserved populations, especially smaller businesses, women, and people living in rural areas. IFC also supports digitalization to reduce costs and increase access to goods and services across industries through fintech, among others, to ensure no one is left behind.

Energy Transition and Sustainability

IFC has been intensifying its work to provide private sector solutions—using its capital, innovative financial instruments, global expertise, and local knowledge—to tackle climate change, while also attracting commercial investments to maximize impact and help countries achieve their urgent development goals. 

 

Cross Border Investments

IFC helps private sector companies in the region to venture into other emerging markets by providing a range of financial products—loans, equity financing, risk management products, and credit guarantees—to boost food security, trade linkages, and manufacturing capacity of countries.

EVENT

Climate Business Forum: Asia Pacific

February 27-28, 2024

Hong Kong SAR, China

The Climate Business Forum: Asia Pacific will be the anchor event of the Hong Kong Green Week, which will be hosting a range of other sustainability-themed events across the city. It will provide a deep dive into what is needed to unlock the financing required.

Stories of Impact

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