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.
IFC’s evaluations aim to articulate credible and comprehensive development impact results of our activities, ensure accountability to our many stakeholders, add value to our clients, and inform strategy and operations within IFC and beyond.
IFC’s evaluations are closely linked to both our monitoring and knowledge systems, allowing us to demonstrate how our work contributes to economic growth. For example, we look at the impact our projects have on creating jobs and providing services, both of which are critical pathways for achieving the World Bank Group’s twin goals of eradicating extreme poverty and boosting shared prosperity.
IFC evaluative thought leadership adds a wider value to the community of Development Finance Institutions on the impact of private sector investments. It also contributes to potential ex-ante impact consideration for new investments in developing, fragile, and conflict-affected contexts. Our work complements evaluations conducted by the Independent Evaluation Group, which reports directly to the Board of Directors.