IFC Infrastructure

? Energy Efficient Consumer Goods (EECG) aren’t just sustainable- they help households save on electricity bills while accelerating India's goal of cutting emissions by 45% by 2030. EVs, along with EECG, are key to India's green journey. ???? Transportation makes up 12% of emissions, but EVs can help cut that while boosting accessibility, creating jobs, and driving income growth. ???? Our latest financing to Bajaj Finserv supports this ambition of clean and green growth. ?? wrld.bg/kqyE50U1aCT

With the right partners and structures, #blendedfinance can transform the global effort to address climate change and inclusive growth by unlocking private capital at scale.?This was exemplified at the high-level gathering, “How to Scale Blended Finance Globally to Accelerate the Transition”, at the Business, Investment and Philanthropy Climate Platform (BIPCP) hosted by Climate Champion Nigar Arpadarai and IFC - International Finance Corporation on #FinanceDay at #COP29 in Baku. ? ? Emerging economies need $2.4 trillion a year to accelerate the transition to green, inclusive and resilient growth.?Much of this will have to come from the private sector. ? ? Yet private capital isn’t flowing to developing economies at the rate needed. ? ? Blended finance, which combines small amounts of donor funding with commercial capital from DFIs and the private sector, can help change this by lowering risks and the cost of capital while incentivizing climate-smart development priorities. ? ? IFC has been using blended finance for 20 years to unlock high-impact climate investment. Since 2018, IFC has deployed $1.5B of blended climate finance, enabling $6.2B of IFC’s own-account investments and mobilizing $4.9B of third-party capital – a leverage of 7X.? ? ? But that’s only the beginning. IFC’s research estimates that the world needs $80 to $100 billion of blended finance a year to enable $1 trillion’s worth of private investment in emerging markets. ? ? IFC and partners announced three exciting projects enabled through blended finance: ? ??The Green Investment Partnership (GIP) with Monetary Authority of Singapore (MAS), Temasek, HSBC and Allied Climate Partners - a US$1 billion debt program focused on marginally bankable green and sustainable infrastructure projects in Southeast Asia like #renewable energy and storage, electric vehicle, transport, as well as the water and waste management sectors. ? ??The Industrial Transformation Programme, shared vision by Monetary Authority of Singapore (MAS), IFC, BlackRock, AIA, MUFG and Nexi Group, where parties have signed a Statement of Intent to explore opportunities to provide debt financing to private-sector borrowers seeking to decarbonise their businesses.? ? ?? Acumen Fund’s “Hardest to Rich” Initiative, supported by Green Climate Fund and WBG IDA Private Sector Window, is expected to finance off-grid solar generation projects in 16 Sub-Saharan African countries. ? ? These partnerships demonstrate how concessional capital can catalyze commercial banks, sovereigns, institutional investors, and private philanthropies in new ways to accelerate the scale, credibility and impact of the transition. ? Makhtar Diop, Ravi Menon, Three Cairns Group, Sing Chiong Leong, Connie Chan, Danny Alexander, Matt Kaczmarek, Stacy A. Swann, Ahmed Saeed Jacqueline Novogratz Alfonso García Mora Elizabeth Yee, The Rockefeller Foundation Jamie Fergusson Veronica Nyhan Jones Aliya Azimova Katia Daude Goncalves Simon Mundy

In FY24, IFC made transformative investments across sectors essential to West Africa’s sustainable development, from clean energy and agribusiness to digital connectivity and healthcare. With a record $2 billion commitment across 12 West African countries, our investments are helping to fill infrastructure gaps, strengthen local industries, and drive job creation where it’s needed most. In C?te d’Ivoire, this support helped develop export-oriented agricultural value chains, and improve access to finance through SME banking and digital finance. Learn how our FY24 investments and advisory services are making a difference in C?te d’Ivoire and help build robust economies across the region. Olivier Buyoya, Hawa Seydou DIOP, Abdoul Ma?ga, Kadiatou Boiro, Pierre AIME

#COP29 The World Bank pavilion: “Leaders’ Perspectives: Fast Tracking Water Security and Climate Adaptation” Great conversation with some of the best minds in global water. Thank you Minister HE Grace Fu COP29 Azerbaijan UN HL Climate Champion Nigar Arpadarai, Madagascar Minister HE Fontaine The Mohamed Bin Zayed Water Initiative Lead Ayesha Al Ateeki for your impactful engagement. With the launch of Fast Track Water Security and Climate Adaptation Global Change Program, The World Bank IFC - International Finance Corporation MIGA working as “One World Bank” will adopt “One Water” approach, and use all its tools-public and private- and work closely with its partners, to scale up technical knowhow, innovation, and financial support for water sector governance, financial sustainability, inclusive delivery of water services, climate resilient irrigation, flood protection and drought mitigation, and circular economy in water. COP28 UAE COP29 Azerbaijan Global Water Security and Sanitation Partnership 2030 Water Resources Group

Public-Private Partnerships (#PPPs) are driving #Jamaica forward! ????? In 2018, IFC was the transaction advisor to the Government of Jamaica for the successful 25-year concession to operate, expand and modernize the Norman Manley International Airport. The project resulted in the creation of jobs and has positively impacted many small business owners, such as Roger Thompson, from Kingston City Guided Tours. This fruitful #PPP motivated the government to replicate the mechanism in other sectors with the objective of improving the quality of public services for the Jamaican people. But instead of going transaction-by-transaction, IFC designed a programmatic approach for PPPs that will enhance the country's infrastructure and enable private capital to be invested where the needs are greatest. Learn more ?? https://lnkd.in/gRr5gi-j IFC - International Finance Corporation | IFC Public-Private Partnerships | IFC Infrastructure #IFCInfrastructure #InfrastructureDevelopment #Caribbean #CaribbeanGrowth #ResilientInfrastructure #PublicPrivatePartnerships