Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Skip to content
Home » What are the objectives of IFC in points?

What are the objectives of IFC in points?

The International Finance Corporation (IFC) has a multifaceted set of objectives aimed at fostering economic development and sustainability across various sectors. One of its primary goals is to promote sustainable agriculture, recognizing the importance of this sector for global food security and environmental preservation. By investing in initiatives that enhance agricultural practices, the IFC aims to support communities, improve livelihoods, and ensure long-term food production capabilities.

Another significant objective of the IFC is to expand small businesses’ access to microfinance. Recognizing the vital role that small and medium enterprises (SMEs) play in driving economic growth, the IFC provides financial resources and expertise to help these businesses thrive. Through partnerships with local financial institutions, the IFC facilitates access to credit, enabling SMEs to invest in expansion, innovation, and job creation, thereby contributing to overall economic prosperity.

Additionally, the IFC is committed to supporting infrastructure improvements in developing countries. Infrastructure, including transportation, energy, and telecommunications, is essential for economic growth and social development. The IFC’s objective in this area is to mobilize private sector investment in infrastructure projects, improving access to essential services, creating jobs, and fostering economic opportunities. By promoting sustainable and innovative infrastructure solutions, the IFC aims to address critical development challenges and enhance overall quality of life.

The IFC’s overarching objectives also extend to promoting climate, health, and education policies. Recognizing the interconnectedness of these areas with sustainable development, the IFC works to integrate climate considerations into its investment decisions, supports healthcare initiatives to improve access to essential services, and invests in education to build human capital and promote social inclusion. Through these objectives, the IFC aims to contribute to a more sustainable, inclusive, and prosperous world.

(Response: The objectives of IFC include promoting sustainable agriculture, expanding small businesses’ access to microfinance, supporting infrastructure improvements, and promoting climate, health, and education policies.)