📣 Sign up for next week's webinar!🏨 Hotels account for 21% of the hospitality industry's carbon emissions. Join & for #EDGEbuildings & case studies & live demo
💻Register: ow.ly/ha0950OlI0s
#SustainableHospitality #GreenBuildings
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"Teaching music is like teaching nature," says , the five-time Grammy Award winner and dedicated music educator. Listen to his inspiring story on the latest episode of #CreativeDevelopment with . wrld.bg/2Kf350Ojnse
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Excited to share the first episode of season 3 of IFC’s #CreativeDevelopment podcast series. In this episode, five-time Grammy Award winner
@VictorWooten & I discuss the link between nature & music, the art of leadership, and the impact of #AI on music: youtu.be/-1rYdq2bqi0
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In the second episode of #IFCLatinFocus, Bancamía’s CEO, Viviana Araque Mendoza, shares details of the important work the institution is doing to promote financial inclusion among the most vulnerable segments of the population in #Colombia. Don’t miss it! wrld.bg/PiGB50OeatS
A big thank you to for hosting me today in 🇸🇬 for a wide-ranging discussion covering the #energytransition, #climatefinance, the multitrillion-dollar #infrastructure gap, and the region’s economic outlook. ▶️wrld.bg/ojRC50Ol8s6
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Excited to share the first episode of season 3 of IFC’s #CreativeDevelopment podcast series. In this episode, five-time Grammy Award winner
& I discuss the link between nature & music, the art of leadership, and the impact of #AI on music: youtu.be/-1rYdq2bqi0
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🔎How can support #Kosovo in accelerating its competitiveness for higher job creation & living standards?
💡The new Country Partnership Framework outlines priorities in 🇽🇰that will address these issues and more.
wrld.bg/ePWX50Ol87T #KosovoCPF
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An / study published this week takes an in-depth look at private sector challenges & opportunities in #Togo. The study provides a detailed roadmap to help the country transform its economy, spur job creation & reduce #poverty.
youtube.com/watch?v=hz9u_H
#TogoCPSD
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Kita sedang berpacu dengan ⏰ untuk membangun ketahanan #iklim di kota-kota pesat tumbuh di Asia & membangun hijau salah satu solusinya. Seperti yang dilakukan Ecoloft dengan menjadi Gedung Zero Carbon Pertama di Indonesia melalui -nya IFC wrld.bg/6XgR50OhZLZ
It’s a race against ⏰ to build #climate resilience in Asia’s fast-growing cities & building green is part of the solution. That’s what Ecoloft apartment has done by becoming the 1st Zero Carbon Building in #Indonesia under IFC’s . Read more wrld.bg/6XgR50OhZLZ
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[NEWS] “With the right reforms, countries in #APAC can leverage the private sector to meet their development needs, delivering profits for investors and the right public services for the population,” ’s told wrld.bg/FWnj50OlfqU
“With the right reforms, countries in Asia and the Pacific can leverage the private sector to meet their development needs, delivering profits for investors & the right public services for the population,” IFC’s told in 🇸🇬. wrld.bg/AoAb50Ol86y
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We are deeply saddened by the sudden passing of Hart Schafer, former VP of the who had recently retired. He was a true champion in the fight against poverty, & for the past two decades, a dear friend & colleague who radiated kindness & warmth. He will be dearly missed.
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Climate financing to help emerging markets in Asia decarbonize and strengthen the climate resilience of their infrastructure is far from enough, 's said and ’s impact investing conference in 🇭🇰. Read coverage : wrld.bg/xMhU50Ol5q5
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., with funding from , is supporting businesses in #Ghana, especially banks, to take an integrated approach to environmental, social & governance #ESG risks and opportunities. Find out what this means for the country.
➡️tinyurl.com/bdde6brv
#SustainableFinance
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Oportunidade: faça parte do Banco de Talentos da IFC no Brasil! 📣
Com o Banco de Talentos, você terá acesso a informações sobre eventos da IFC e vagas de trabalho em variados níveis de senioridade, incluindo #estágio, analista e consultor: bit.ly/3m5iOBU
What are the steps women—and men—can take in the fight against gender inequality?
’s Laura Rawlings, and join us to discuss on this episode of #TheDevelopmentPodcast. wrld.bg/oFgQ50OkJhH
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🌍Africa's largest annual private sector gathering, the , will convene more than 1,800 business & govt. leaders to support Africa’s development & address challenges.
#ACF2023 happens June 5-6 in #Abidjan.
➡️ bit.ly/3LRmlNk
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Ever heard of #GreenFinance? It can help protect the #Amazonia rainforest and promote inclusive and sustainable development. New report: wrld.bg/oa1T50OkJ1B
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Great conversation today at #FTBrazil summit to discuss how IFC and other IFIs can work together with Brazil’s private sector to identify new investment opportunities aimed at promoting environmental and social sustainability.
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is ramping up its team in #Botswana, #Burundi, #CaboVerde, #Gabon & #Mauritania to further support private sector growth across key areas like agribusiness, renewable energy, digital connectivity, financing for SMEs. Please welcome our new #Africa Country Officers.
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🏆 A special message from our CEO, 🏆
The deadline to apply is only three weeks away! #SMEFinanceAwards #SMEFF23
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We are in a “Marshall Plan moment” for the Ukrainian private sector.
, , EXIM Hungary, Eximbanka SR partnered for a webinar on the support IFC & can provide to help European companies invest in 🇺🇦private sector during & after Russia’s invasion of Ukraine.
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En #IFCLatinFocus, la CEO de Bancamía, Viviana Araque Mendoza, comparte detalles del importante trabajo que vienen realizando para promover la inclusión financiera entre los segmentos más vulnerables de la población en #Colombia 🇨🇴. ¡No te lo pierdas! wrld.bg/PiGB50OeatS
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👏Join us in celebrating the latest #edgebuildings Champion in Vietnam 🇻🇳, Viena Capital & Vian Living!
👉Find out more about their strategy and what it means to be part of the EDGE community: ow.ly/1bKI50OkuVh
#edgeiseverywhere #greenbuildings #zerocarbon
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With assets worth billions of $ in local currency and growing, Africa’s pension funds are becoming vital sources of local, long-term finance.
Learn about the promise of Kenya’s growing pension funds to support critical infrastructure & affordable housing: wrld.bg/NECg50OjcF7
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57% of Bhutan relies on agriculture🌱Promoting agribusiness🚜, jobs👩🏽🌾 & food security🥘 is essential in 🇧🇹. With the ASCIIS project, we're doing just that! More about a new Agri Advisory initiative that was launched in Thimphu last week
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“Is #Jordan ready for sustainable finance?” asks & 's Regional Vice President Hela Cheikhrouhou answers.
♻️IFC and partners invested $50 million to support the launch of Jordan’s 1st #greenbond by in March.
📖Read more here:
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IFC is focused on creating jobs💼, building skills🔧, and developing new markets 💫 in East Asia. Follow to learn more about what we do in the region.
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Just landed in #Singapore🇸🇬, an important hub for whose private sector plays a critical role in alleviating poverty in developing economies. I look forward to exploring solutions with our partners to some of our biggest challenges, from #climatechange to #foodsecurity.
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Happy #EuropeDay! Let's take a moment to celebrate the incredible diversity and richness of #Europe.
At we are working with our partners to build a more united and prosperous Europe for generations to come!
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This week I will be in Japan for G7 meetings.
Ahead of the trip, I have provided an update on my recent engagements on growth, debt, skills, and other priorities:
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Today Group discussed enhancing cooperation with #Kosovo through a new Country Partnership Framework. This strategy will support the country in accelerating its competitiveness for higher job creation and living standards. Learn more: wrld.bg/8Wf950OjX88 #KosovoCPF
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Congratulations to the grads 🎉 it was an inspiring event! The leaders of the future collaborating, learning and growing together 🦾
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Congratulations to the new Milken Capital Markets Program graduates!! Look forward to you mobilising more investment capital for the global south. 👏🏽
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🇰🇪 Did you know that in Kenya, 12% of adults are enrolled in a pension plan, with a pension total of ~ $15 billion? Learn how & channel this untapped resource toward development projects while generating attractive returns.
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🌍#EDGEBuildings Spotlight: Ghana 🇬🇭
🏢This office in Accra has been certified green by and achieved: ⚡ 25% Savings in Energy, 💧 24% in Water and 🏗️ 50% in energy embodied in materials.
🌿Find out more: ow.ly/sk2T50OjxwE
#greenbuildings
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Investments in the water sector will be critical for South Sudan’s efforts to recover from conflict and strengthen the resilience of its communities.
Learn more in this immersive story: wrld.bg/vypQ50OjpuU
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New study: The Country Climate and Development Report (CCDR) for #Brazil is now available! 📘
The study explores policies and options for Brazil 🇧🇷 to achieve its development objectives while considering climate and #sustainability commitments: wrld.bg/MNvc50OjtSK
📢 Unveiling the #ACF2023 program!
Join us on June 5th-6th in Abidjan for the Annual Summit, themed "Navigating the crises: #From300to3000 - How to deliver the next generation of African champions".
Engage in debates & discussions on Africa's economic future.
GIF
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Confira o Relatório sobre Clima e Desenvolvimento do País (CCDR) sobre o #Brasil! 📘
O CCDR foi produzido pelo Grupo Banco Mundial e explora políticas para que o Brasil atinja seus objetivos de desenvolvimento levando em consideração a #sustentabilidade: wrld.bg/MNvc50OjtSK
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🎉Happy #EuropeDay! 🎊
🤝Today, we celebrate the unity, diversity, and cultural richness of #Europe.
Let's continue to work together towards a better, more peaceful, and prosperous Europe for all.
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EN VIVO 🔴 La transición energética requiere una mayor coordinación entre gobiernos, inversores y socios de la que existe actualmente.
Escucha a nuestros expertos discutir algunas soluciones: wrld.bg/mct650OgjnS
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Estamos en un momento clave para que el #SectorPrivado desempeñe un rol principal en la lucha contra el #CambioClimático en América Latina y el Caribe. ¿Cómo? Descúbrelo en el artículo de Manuel Reyes-Retana, director regional de IFC, para : wrld.bg/97kb50OjkgB
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Join young changemakers online at the Youth Summit #WBGYouthSummit in Washington DC on May 25-26 to explore local solutions to address global challenges: wrld.bg/O50B50Oj6M3
The IFC- Joint Capital Markets Program (J-CAP) helps mobilize local resources to achieve sustainable development goals.
Find out how J-CAP works with to support infrastructure and affordable housing in Kenya: wrld.bg/NECg50OjcF7
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Collaboration is key to solving development challenges! Learn how innovative partnerships make a difference in our wrap-up story for the #SpringMeetings 2023. #ReshapingDevelopment wrld.bg/hPOv50Oj4P6
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🌞 What is the Karavasta solar project?
📽️Constantin von Alvensleben, 's Country Manager for #Albania answers this question. (1/2)
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🇦🇱 is partnering with , supporting the largest solar photovoltaic power plant in the country and backing the country`s climate goals. (2/2)
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With assets worth billions of dollars in local currency & growing, Africa’s #pension funds are becoming vital sources of local, long-term finance. Learn about the promise of #Kenya’s growing pension funds to support infrastructure & #AffordableHousing. ➡️
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SME AgriFinance Community of Practice
AgTechs financing farmers and the roles banks and MFIs can play in the SME finance ecosystem, More> smefinanceforum.org/post/agrifinan
#smefinance #AgriFinance #AgriModels #SMEFinanceNetwork #SMECommunity #smallbusiness #agtech #community
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I’ve watched the - Capital Markets Program grow in strength over the years and tonight we welcomed our 9th graduating class. Congratulations to our 14 new graduates from 10 countries! WATCH here: wrld.bg/NLgX50O2cKU
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Congratulations to our graduates of the IFC Milken Capital Markets Program! This is the next generation of financial leaders who will make a difference in emerging markets with new skills & knowledge. Watch the ceremony & my chat with Michael Milken here: wrld.bg/NLgX50O2cKU
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🎓 It was my pleasure to be at the #MIGlobal Conference with our partners from & , celebrating the graduation of 14 scholars in the 9th cohort of the -Milken Institute Capital Markets Program.
🎓 WATCH the ceremony here: milkeninstitute.org/panel/14399/co
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🎓 Hats off to 14 new graduates of the - Capital Markets Program!
🎓 , , , and others celebrated their graduation at the #MIGlobal Conference.
🎓 WATCH the ceremony here: milkeninstitute.org/panel/14399/co
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📅Ready to become an EDGE Expert?
👉New training opportunities are available in India! 🇮🇳
⏰Don't miss your chance and sign up now: ow.ly/Ei2J50OiSlU
#edgebuildings #greenbuildings
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•The Country Partnership Framework for Egypt demonstrates the longstanding partnership b/w the Group + the Gov of Egypt.
Special thanks to H.E. Dr. , Min. of Int'l Cooperation, for her leading role and collaboration on this effort.
#IFCinEgypt
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. works to create markets and offer new opportunities to people in developing nations. Watch this video to see how #IFC is introducing new, innovative solutions to some of the most pressing problems in #Africa. #IFCMarkets
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What are some innovative approaches to promote women's #financialinclusion? And how can we empower #women to be leaders in the #financialsector? answers in a webinar Tuesday in both Arabic and English.
Register today to mark your calendar: wrld.bg/lb0a50OihR0
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💡 WEBINAR: Learn how tweaking #startup evaluation processes with 3 simple steps can unlock overlooked opportunities for #WomenEntrepreneurs, #investors & #accelerators alike 📅 May 12, 10:00am (Singapore time) – Register here: lnkd.in/gdYVFxgs
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Enjoyable breakfast meeting today with Ajay Banga.
Very pleased to be working with Ajay on a smooth transition.
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#CarbonCapture is a critical tool for fighting #climatechange that traps CO2 emissions at the source. Read the interview with IFC’s Ruth Hupart to learn more:
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انضموا إلى هذه الندوة الإلكترونية من بوابة الشمول المالي للتنمية في 9 مايو/أيار لفهم أهمية دور المرأة القيادي في قطاع #الشمول_المالي! 💻📢
للمشاركة، الرجاء التسجيل الآن على الرابط التالي:
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#Burundi’s exchange rate unification is a significant milestone for the economy. We welcome the progress made by the Central Bank in reforming Burundi’s foreign exchange market. It is an important step to help boost investor confidence and promote economic growth.
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Les réformes visant la réunification du taux de change enclenchées depuis octobre 2022 sont terminées.
Le taux de change de 2.875,17 BIF/USD dégagé par le Marché Interbancaire de Devises ( #MID) de ce 04 mai 2023 servira désormais de taux de référence du marché officiel.
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Poor management used to be the greatest weakness and challenge for Tias Handayani, an MSME owner in Indonesia. But things have changed since she participated in an IFC-backed MSMEs training. Watch her snippets here:
💬To participate in value chains, #SMEs from the Western Balkans need to cooperate with foreign investors.
💻A digital matchmaking platform has connected them, aiming to unleash $45 million for manufacturing companies.
👓Read more (in Serbian): wrld.bg/oLxL50OfHgO
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🤩Breaking barriers & promoting #equality @ the workplace is a business strategy! Hear from Urvi Aradhya, Head of HR at Chalet Hotels, on how they partnered with IFC to create an inclusive workplace for everyone. #GenderEquality #InclusiveWorkplace
It’s great to see #PNG embracing #GreenBuildings.
Listen to IFC’s on #PacificBeat talking about the South Pacific’s first certification. Kudos to Steamships for upgrading their HQ in a way that’s good for people &the planet!
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IFC is partnering with to help #Albania diversify its energy mix, scale up clean and affordable energy, and improve climate resilience. This investment is a commitment to driving Albania's renewable energy agenda. wrld.bg/wXIw50NQ7um
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New logistics infra will help cut Cambodia🇰🇭’s logistics costs which are among the highest in East Asia! With IFC’s advice, the PPP-modeled Sihanoukville logistics complex will improve efficiency, reduce costs, increase connectivity & competitiveness. wrld.bg/j93t50Objck
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Providing capacity building & empowering micro-entrepreneurs with the right tools & knowledge is crucial to their businesses.
Dyah Wiharti shares her experience from the ‘Anter UMKM Sukses’ workshop that can offer solutions to long-standing problems in running her business.
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Since Russia’s invasion of Ukraine, IFC has been working closely with clients to maintain operations and bring in essential goods & services.
Last week, an IFC delegation was in Kyiv to meet with govt officials & other partners as we ramp up support for Ukraine’s private sector.
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Enjoyed visiting the Group Archives. The WBG has undergone many evolutions—from its start in WW2, major poverty reduction as IDA expanded, the USSR’s fall, the COVID response, the evolving relationship with China and ongoing expansions of commitments & climate finance.
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Heat is increasingly a pressing problem in #SouthAsia's cities, as the urban heat island effect amplifies the impacts of rising temperatures from climate change. How can planners and policymakers enhance urban heat resilience? Find out here: wrld.bg/URPo50OgR8T
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#TradeFinance supports only 25% of imports and exports in #CotedIvoire, #Ghana, #Nigeria and #Senegal, far below #Africa’s average of 40%, affecting mainly #SMEs and women.
An - study identifies ways to improve the ecosystem ➡️ wrld.bg/vnWv50OfmXc?ci
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An insightful story on Carbon Capture and Storage and how it can be used as a tool for fighting climate change. Learn more on how this technology can make a difference in global decarbonization efforts: wrld.bg/CI5B50O6fo2
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#IFC reached important goals for our mission in #Angola last week. We took part in the Angola Economic Outlook, joined forces with #AceleraAngola to launch the Growth Lab and signed a partnership with #INAPEM to boost their ability to help startups and expand their programs.
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🤝IFC has been working behind the scenes helping lay the groundwork for the first ever green bond, which’ll hopefully pave the way for others in Mongolia! #sustainablefinance #climateaction wrld.bg/qqG450Obi6j
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#Technology is a tool that can significantly help businesses and the key is to support MSMEs successfully digitalize.
Suyanto Tjoeng, CEO of , shares his thoughts on what is needed to deepen the penetration and adoption of technology by MSMEs owners in Indonesia.
I had a great conversation with on ways to support #Jamaica’s growth, including the need to increase the country’s exports, and structure PPPs in key sectors such as digitalization, logistics & infrastructure, and climate finance:
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The is a pan-African initiative that recognises companies generating innovation and development impact throughout the continent. announced the startup application for 2023
Read more below ⬇️
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How can the #RepublicofCongo benefit from a vibrant & safe #DigitalEconomy?
Providing access to affordable & good quality broadband #infrastructure, local content to fit the population's needs, and training on internet use is foundational.
Learn more: wrld.bg/FRXE50O6zxI
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Alerta de novo evento! 🗓️
A IFC e o se uniram para discutir em um #webinar o papel do setor financeiro no acesso a crédito para migrantes e refugiados no Brasil. O evento, no dia 10/05, será aberto ao público: bit.ly/inclusaofinanc
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Across #LatinAmerica, rapid urbanization means a surging demand in building materials - and in the emissions needed to produce them.
Here’s a look some ways forward, and how investments in emerging markets can create world-leading gains in sustainability.
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🎉Major #edgebuildings news out of Mexico 🇲🇽! Walton has successfully certified 120,000 sqm across a total of eight logistic centers in its Mezquite portfolio!
✅Find out more about these projects on the EDGE app: ow.ly/zaan50OgmFb
#edgeiseverywhere #greenbuildings
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Bom dia and happy #PortugueseLanguageDay! #Portuguese is one of the most widespread languages in the world, with more than 265 million speakers. If you are one of them, explore the online repository & download more than 110 titles: wrld.bg/PLTn50ObTBu
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Amid uncertainty caused by Russia’s invasion of #Ukraine, we support #Moldova, which faces many challenges. Our new loan to MAIB will help the country’s recovery, supporting #women entrepreneurs, and creating jobs.
wrld.bg/NY8O50OfHUk
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“Many women micro-entrepreneurs struggle to manage their time given the so many different roles they have in their daily lives.”
Hanna Keraf of Krealogi shares how providing women micro-entrepreneurs with the right #digital tools is crucial to help them grow their business.
To continue a sustained growth trajectory, #Armenia needs to fully realize the potential of a private sector-driven growth model.
’s Rana Karadsheh highlighted the areas that will help achieve this.
More in Banks.am: ow.ly/8XYU50O4vOn
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A new, international standard dry port in the capital of Lao PDR 🇱🇦, supported by IFC, will shift dependence from sea trade 🛳to road🚛 and rail🚂 for the land-locked country. More here: wrld.bg/QVCh50ObiIf
To realize the scope of damage Russia’s invasion of #Ukraine caused to its people is possible when one sees it firsthand. Watch ’s Rana Karadsheh reflect on her recent visit to Ukraine. #IFC4Ukraine
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Seeing first-hand how #Ukrainians remain resilient in such difficult circumstances is inspiring and humbling.
@IFC_org’s Rana Karadsheh visits #Ukraine to see how businesses deal with the crisis while continuing to provide needed goods & services. #IFC4Ukraine
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⚖️ ♀️ Presenting the Group's #LawAndGender2023 summit in Cairo, Egypt.
Government, judicial, private sector, and civil society leaders discussed reforms needed to improve women’s economic participation and legal equality in MENA region. #AccelerateEquality
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#DYK that women-led startups in MENA receive only 6% of private equity and venture capital funds?
, Director for North Africa & Horn of Africa + panel discussed overcoming legal barriers to female entrepreneurship at the #LawAndGender2023 summit.
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That's a wrap for the Group's #LawAndGender2023 summit in Cairo, Egypt! Great discussions on reforms needed to increase women’s economic participation and #AccelerateEquality in the Middle East & North Africa region.
Now - time for action.
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