International Finance Corporation Additionality in Middle-Income Countries : Approach Paper
Accounting for almost half of global gross domestic product and 70 percent of the world’s population, middle-income countries (MICs) face multiple development challenges limiting achievement of the Sustainable Development Goals (SDGs), including po...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
Washington, DC : World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/961251647285707946/International-Finance-Corporation-Additionality-in-Middle-Income-Countries-Approach-Paper http://hdl.handle.net/10986/37676 |
| Summary: | Accounting for almost half of global
gross domestic product and 70 percent of the world’s
population, middle-income countries (MICs) face multiple
development challenges limiting achievement of the
Sustainable Development Goals (SDGs), including poverty and
inclusion, climate change, financial access, and economic
diversification and market development. The International
Finance Corporation’s (IFC) portfolio is focused heavily on
MICs. Additionality is the unique support that IFC brings to
a private client or client country that is not typically
offered by commercial sources of finance (IFC 2019). This
evaluation assesses the unique support and value addition
(additionality) that the International Finance Corporation
(IFC) provides to middle-income countries (MICs). It will
cover IFC’s support of MICs through investment and advisory
projects, and through its platforms and partnerships. The
primary audience is the World Bank Group Board and IFC
management and staff, however some findings of the
evaluation will be relevant to a broader audience including
multilateral and bilateral financing private sector
activities, investors, and government officials and
practitioners in client countries. |
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