IFC

IFC partners with Karsan to help drive electric vehicle production, exports in Türkiye

IFC is providing €35 million ($38.73 milllion) loan to an automotive manufacturer in Türkiye Karsan to boost its production of electric vehicles (EVs), strengthen the sector's competitiveness, increase exports and create jobs. The investment will also help bolster Türkiye's transition to net zero.

IFC supports new fund to address infrastructure gaps, cut carbon emissions across Asia and Africa

International Finance Corporation (IFC) is investing $50 million in equity to bolster A.P. Moller Capital's $1 billion Emerging Markets Infrastructure Fund II (EMIF II), joining forces with a consortium of global partners. The new investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and…

National Bank of Cambodia partners IFC to boost green finance, support climate action

To help Cambodia address climate change impacts and create a conducive environment for the uptake of green finance, the National Bank of Cambodia (NBC) and World Bank's unit IFC signed a cooperation agreement to boost financing for climate-friendly projects, supporting the country's transition towards a green economy.

IFC, Bank of the Lao PDR strengthen partnership to boost green finance, achieve climate goals

The collaborative effort to boost green finance between IFC and the bank has been strengthened with a new cooperation agreement signed on Tuesday. This enhanced partnership aims to accelerate necessary reforms to develop guidelines and standards to attract the green capital the country needs to drive its economy and create jobs while promoting a greener…

UK-IFC’s MAGC receives $45M in funding expansion to support green construction practices in emerging economies

The United Kingdom Government has announced an expansion of funding for climate projects, including the UK-IFC Market Accelerator for Green Construction (MAGC) Program, to significantly elevate green construction practices in over 20 emerging and developing economies. This expansion will provide an additional £36 million ($45.15 million) to the program.

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ACP, IFC, MAS and Temasek establish green investments partnership in Asia

Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green investments partnership to address climate finance gaps and increase the bankability of green and sustainable projects in Asia, with an initial focus on Southeast Asia.

IFC to invest up to $15M in Indonesia’s Tawada Healthcare

The International Finance Corporation (IFC) said on Monday that it will invest up to $15 million in IDR equivalent in PT. Tawada Healthcare (Tawada Healthcare) to support the company's medical device and consumables distribution business while also enabling it to expand its manufacturing operations.

IFC doubles investments in Pakistan to $1.5B

IFC's projects in Pakistan aim to provide much needed jobs, increase productivity in the private sector, enhance gender inclusion, and address the impacts of climate change.

IFC & Indonesia’s FinTech platform Amartha partner to support women-owned micro-enterprises in Indonesia

The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.

IFC invests $500M in Bank BTPN to strengthen climate action and boost inclusive development in Indonesia

The International Finance Corporation (IFC), a member of the World Bank Group, will invest up to $500 million in Indonesian lender PT Bank BTPN Tbk (BTPN), comprising a social bond and a green bond issuance.