IFC - International Finance Corporation’s Post

#WBGMeetings EVENT| We cannot defeat poverty with half the world’s population on the sidelines. 📅Join us on October 24 at the #WBGMeetings to discuss how we can #AccelerateEquality and increase women’s access to jobs and economic opportunities. http://wrld.bg/oXJE50TIjlg

With $569M in financing, IFC’s Base of the Pyramid program, backed by IDA - The World Bank Group, is enabling MSMEs in the poorest and most fragile countries like Senegal and Kyrgyz Republic to access vital financial services. Together, we’re closing the finance gap for those who need it most. http://wrld.bg/jm6R50TNRtL #EndPoverty #MSME #womenenterpreneurs #smallbusiness

The World Bank Group Scorecard tracks our progress on critical global challenges like access to water, digital services, and private investment. It will guide our decision-making, highlight gaps, and inform our country strategies for better outcomes. http://wrld.bg/a0e750TNM6G

Global #poverty reduction has slowed to a near standstill. Almost half the global population live on less than $6.85/day, and almost 700 million people live in extreme poverty ($2.15/day), according to new The World Bank Poverty, Prosperity and Planet Report 2024 #3PR. At IFC, we believe that private sector growth is at the heart of sustainable poverty reduction. By mobilizing private investments in the world’s poorest regions, we can generate jobs, unlock innovation, and create markets to #EndPoverty. http://wrld.bg/CFXO50TN43R

Twice a year, Global leaders, civil society, private sector & academia gather in Washington DC to discuss the challenges facing global development. From October 21-26, you’re invited to the #WBGMeetings. Register for free to watch our virtual events: http://wrld.bg/9aog50TN2ZR

The #WBGMeetings offer a chance to interact with gov't officials, private sector, youth leaders & experts! Watch our live events on Oct 21-26 to learn about the food economy, gender equality, sustainable development & financial markets. http://wrld.bg/Uru450TLQGa

Today, the GEMs Consortium published two new reports that offer deeper granularity in the analysis of private investments in emerging markets and developing economies (EMDEs). These statistics on the level of credit risk are critical for mobilizing more private investment into EMDEs by helping investors better understand the risk profile of such investments. Key findings from the new reports: 📉GEMs data shows that the risk of investing in emerging market firms is lower than commonly perceived. 💵During global crises, default rates in emerging markets were lower than in advanced economies. Learn more here ➡️ http://wrld.bg/f0lT50TLK5A