IFC at COP29

As part of the World Bank Group delegation, IFC will showcase its efforts to accelerate the transition to low-carbon, resilient and inclusive growth in emerging markets. 

The Latest from IFC

Expanding Energy access for the Hardest-to-Reach in Africa

Nearly 600 million people in Africa lack access to basic electricity. Join us for a fireside chat and panel discussion about how innovative financing approaches can mobilize capital to expand access to affordable and sustainable electricity in the hardest-to-reach places.

Unlocking Power Markets for Decarbonization

Explore how reimagining power market designs can accelerate the clean energy transition in emerging economies. Join global leaders and experts as they discuss cutting-edge strategies to repurpose power markets to attract private capital, scale up renewables, and expand energy access.

MDBs Boost Climate Finance to $120 Billion By 2030

Multilateral development banks (MDBs) issued a joint statement at COP29 in Baku outlining financial support for low- and middle-income countries and other measures for countries to achieve ambitious climate outcomes.

What We Do

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

Products and Services

We provide investment, advice, and asset management — offerings that are mutually reinforcing and can be tailored to a client’s specific needs.

Sectors and Expertise

We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and other challenges.

Our Impact

IFC works with clients to create the opportunities which help the private sector mobilize solutions and finance to solve development challenges.

IFC at a glance

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.

In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. 

  • 62.5 Million
    People connected to the internet
  • 11.3 Million
    People supplied with power
  • $226.5 Billion
    In Trade Finance Volume
  • $516.9 Billion
    In Impact from SME Loans

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See where we work

IFC’s impact spans more than 100 nations. We empower entrepreneurs all over the world, turning bold ideas into engines of inclusive growth creating millions of jobs, uplifting lives, and transforming communities.