IFC is the largest global development institution focused on the private sector in developing countries. By encouraging growth, IFC advances economic development, creates jobs and improves the lives of people.
IFC advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries. We achieve this by investing in impactful projects, mobilizing other investors, and sharing expertise.
As the largest global development institution focused on the private sector, IFC operates in more than 100 countries around the globe. We apply lessons learned in one region to solve problems in another.
Our impact improves lives. IFC brings a clear set of advantages to the world’s most challenging markets. Including a history of innovation, a global mandate, and a determination to achieve measurable development impact.
Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
“The wide range of backgrounds, experiences, and viewpoints within IFC is undoubtedly our biggest asset. It is foundational to our mission and underpins our success in engaging with our staff, clients, and stakeholders across the globe.”
The knowledge, skills, values, and diversity of our staff enable IFC to bring innovative solutions and global best practices to our clients. As part of the World Bank Group, IFC leads with the same core values of our parent organization – impact, integrity, respect, teamwork and innovation.
Diversity, Equity and Inclusion (DEI) are central to our commitment to employees and creating a culture where everyone is free to bring their whole selves to work. As the largest global development institution focused on the private sector in emerging markets and developing economies, IFC has a unique ability to shape best practices in this space.
We rely on the knowledge and skills of our employees, especially as we tackle inter-generational issues such as climate change and gender equality. However, not all staff experience the workplace in the same way, which can limit growth and creative potential. While we are tackling many facets of DEI, anti-racism and gender parity are core to this work. Our FY21 DEI Key Highlights report shares more.
As part of the WBG, IFC is committed to end racism. The WBG’s Anti-Racism Charter was created in response to recommendations from the World Bank Group Anti-Racism Task Force, whose mandate is to provide concrete recommendations to the president and senior leadership on how to end racism and racial discrimination within the organization, its programs, and communities. The Task Force was set up in 2020 and IFC teams are working to help achieve this critical goal.
IFC earned the second level of EDGE certification, EDGE MOVE, in 2022. Economic Dividends for Gender Equality (EDGE) is the leading global standard for gender equality in the workplace.
IFC’s sponsorship and reverse mentorship programs are important pathways to building a pipeline of leaders with inclusive leadership capabilities. Our sponsorship program pairs talented staff with vice presidents to support career development. The reverse mentorship program positions young staff as mentors and senior management members as mentees. Both programs have had multiple successful cohorts and continue to operate.