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Description
Background of IFC
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a leader in sustainable investment in emerging markets. IFC promotes private sector development and economic growth to reduce poverty and improve people’s lives. IFC works to help achieve the World Bank Group’s overarching goals of ending extreme poverty by 2030 and stimulating shared prosperity in every developing nation. To understand its impact, IFC has developed a results measurement system and a cohort of staff who specialize in helping operational colleagues understand and articulate the development impact of their projects.
At the project level, IFC sets out to achieve concrete, measurable internal development targets that are specified at the design phase and, if needed, reviewed from time to time. These targets…
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