IFC Asia Pacific

At the Global AgInvesting Asia 2024 in Tokyo, Hiroshi Jinno, Chief Investment Officer of IFC Tokyo, and Rajesh Behal, Chief Investment Officer for Global Agri & Forestry, joined a panel discussion alongside leading Japanese private-sector companies from the global agriculture investment community.   Hiroshi moderated discussions with private-sector partners about their projects, strategies, and potential investment opportunities in emerging markets within the agribusiness sector. Together with Rajesh, they shared IFC - International Finance Corporation’s experiences and expertise gained across regions over many years.   Building strong partnerships across sectors and supply chains can serve as a powerful catalyst for growth, including enhanced agricultural productivity. Hiroshi and Rajesh emphasized how IFC’s deep understanding of local markets and global network, combined with the collective strengths of the World Bank Group, enables it to offer comprehensive support. The capabilities address a wide range of risks, from political to operational, as private-sector leaders drive agricultural projects worldwide.   Investments in emerging markets not only offer solid returns but also contribute to meaningful, long-term development, they conclude. #GAI、#GlobalAgInvesting

📊 #DidYouKnow Cambodia needs $36 billion in additional investment to achieve carbon neutrality by 2050? Financial institutions are more critical than ever in supporting the country to help it achieve its goal. IFC - International Finance Corporation is collaborating with the The Association of Banks in Cambodia to equip local financial institutions with the tools they need to unlock capital for climate-friendly projects. With support from the National Bank of Cambodia and the Securities and Exchange Regulator of Cambodia, we just wrapped up a one-day training in Cambodia that brought together over 100 bankers from the domestic market. The discussions focused on a range of topics, from the national green finance taxonomy to the latest trends and opportunities in sustainable finance. By building the capacity of local banks and empowering them with the knowledge to grow a burgeoning domestic market for green finance, we’re paving the way for a greener future in Cambodia. Read more about the training and green financing here 👉wrld.bg/Sq2750TO6gU Christina Ongoma Thomas Jacobs Towfiqua Hoque

📢Blue is the new green! In India, IFC - International Finance Corporation has partnered with Axis Bank to scale up climate finance and develop the emerging blue finance market to promote sustainable growth. Learn how our $500 million investment will: 🌊 protect critical clean water resources 🍃help build greener buildings 💼create jobs 🌎accelerate India’s climate goals. 👉🔗 wrld.bg/kiqt50TFB5y

The vast steppes of #Mongolia are home to nomadic herders whose goats are world-famous for their long fibers. But maintaining the fragile ecosystem of the steppe is a challenge because climate change has brought declining rainfall and extreme weather events like cold, droughts and floods. In Ulaanbaatar, the densely-populated capital, air pollution is a growing threat. Khan Bank, took action to confront climate change. It issued the country’s first Green Bond with IFC - International Finance Corporation support, and IFC invested $15 million as part of a $60 million effort to fund green energy projects. This landmark investment aims to help reduce Mongolia’s greenhouse gas (GHG) emissions by 22.7% by 2030. The impact of this green bond is already being felt across industries—especially in Mongolia's cashmere sector, a cornerstone of the country’s economy. The proceeds from the Green Bond are being repackaged as green loans for companies with climate-friendly business strategies, like Tumen Suljee, a fast-growing, family-owned cashmere manufacturer. It has already purchased energy-efficient equipment that cuts emissions and boosts productivity. Read more here about this 👉 wrld.bg/WJ4f50TEE9R

It’s a wrap on IFC - International Finance Corporation’s MD Makhtar Diop's mission to India.   The country’s vibrant economic landscape offers immense opportunities for the private sector to drive sustainable and inclusive growth. With 65 years of impactful investments in India, IFC remains committed to supporting the country’s journey toward a resilient, inclusive, and prosperous future.

🌏Lao PDR requires around $4.8 billion to help it mitigate the impacts of climate change by 2030, and the private sector plays a pivotal role in mobilizing the finance needed to address this challenge. IFC - International Finance Corporation has partnered with the Bank of the Lao PDR to increase the capacity of banks and other financial institutions to mobilize private capital for green initiatives. Our in-depth training workshop in Vientiane today brought together over 150 bankers to equip them with the knowledge and tools they need to drive green finance initiatives. Facilitated by IFC experts and key stakeholders, participants explored topics including green energy trends, energy efficiency, climate-smart agriculture, and resource mobilization. Since 2023, IFC and the Bank of Lao PDR have been working together to foster the development of a domestic green finance market, helping financial institutions transition to green lending and enable the private sector to mobilize funding for green investments. Christina Ongoma Phongsavanh Phomkong Vanessa Vizcarra Thomas Jacobs

🌍 Call for Applications for She Wins Climate is now Open! 🌱 Women-led startups are key to innovative climate solutions! Despite their potential, only 7% of venture capital funding goes to women-led businesses in emerging markets, and just 10% is invested globally in women-led climate tech. This imbalance means that disruptive climate innovations by women aren’t getting the visibility, support, or investment they need. She Wins Climate, is IFC - International Finance Corporation’s flagship program aimed at accelerating women-led climate startups and increasing their access to climate investment in emerging markets and developing economies. Are you a woman-led climate startup in an emerging market? Apply now to the She Wins Climate regional startup acceleration programs in Asia. #SheWinsClimate #LivablePlanet #WomenEntrepreneurship #WomenEntrepreneurs #ClimateAction IFC Climate & Sustainability IFC Disruptive Tech, VC & Funds Makhtar Diop Emmanuel Nyirinkindi Nathalie Akon Gabala Jamie Fergusson

#DYK smallholder farmers manage an estimated 80 per cent of Africa’s farmland? With Absa Group and Valency International Pte Ltd., IFC - International Finance Corporation is helping to ensure farmers are better integrated into the marketplace and have the opportunity to grow and thrive.     IFC and Absa Corporate and Investment Banking will provide a US $50 million commodity trade finance facility to Valency to support the company’s pre-export of agricultural commodities in West and East Africa. The facility will provide Valency with working capital for the purchase of cashew nuts, sesame seeds, shea nuts, ginger, soya beans, and other agricultural commodities. These will be sourced from Valency’s network of an estimated 150,000 smallholder farmers and local traders in Cote d'Ivoire, Nigeria, Ghana, and Tanzania.     IFC’s investment is part of the Global Warehouse Finance Program envelope of IFC’s US $1 billion Africa Trade and Supply Chain Recovery Initiative, which is supported by the IDA Private Sector Window. Learn more: wrld.bg/SZIS50THvZT

Despite the significant potential to boost the economy, only 53% of women in Indonesia are part of the workforce, with many leaving due to caregiving responsibilities.  To drive a change, IFC - International Finance Corporation is partnering with IGNITE, an initiative under Asosiasi Pengusaha Indonesia (APINDO), the Indonesian Employers’ Association, to empower more women in leadership and transform workplace policies. Together, we are strengthening IGNITE’s mentoring programs by connecting top female executives with women aspiring to excel in leadership. Additionally, our  upcoming joint Childcare Diagnostic study, the first of its kind in Indonesia, will take a deep dive into the challenges faced by working parents and promote the business case for family-friendly policies.   While fostering greater workforce participation requires concerted efforts, creating inclusive and family-friendly workplaces can help women navigate the complexities of balancing their professional and caregiving responsibilities. Euan Marshall Sarah Twigg Liana Lim Hinch Gema Minang

Forty years ago, IFC - International Finance Corporation opened its first office in Indonesia after the country joined the organization in 1968. Fast forward to 2024, nearly $10 billion has been committed in support of 250+ projects that have had a real impact on sectors vital to Indonesia’s growth—from finance to infrastructure, and digital technology to climate solutions.    Last week, IFC Regional Director for East Asia and the Pacific Kim-See L. and Country Manager for Indonesia and Timor-Leste Euan Marshall, along with esteemed partners from the private sectors, celebrated four decades of driving impactful partnerships, supporting innovation, and contributing to a more inclusive and sustainable future. Our focus in Indonesia includes:   ✅Supporting decarbonization   ✅Improving human capital productivity  ✅Accelerating digital transformation and creative innovation     Amerta Mardjono #IFC40yearsinIndonesia #Indonesia