While recycling of electronic products, such as cell phones, is important in Part I countries, it seldom takes place in the developing world. In India things are about to change, thanks to IFC’s new advisory project on eWaste recycling, in partners
Adversity and disasters come unannounced. Those who are hit most are usually low-income communities with limited fall-back options. But in Bangladesh, this is now set to change, thanks to IFC's $5.4 million investment in Green Delta Insurance Company
Saraswati hails from the mountainous Kaski District in Nepal. She has been able to escape the fate of many rural women who labor as subsistence farmers by working for a business called 3 Sisters Adventure Trekking.
Energy. Ambition. Urgency. Those attributes describe the small businesses IFC EVP and CEO Jin-Yong Cai met in India this month. They also describe the work IFC staff is doing in the region.
A crackling start is how a participant described the session that brought the World Bank, IFC and MIGA teams together in South Asia to discuss joint initiatives to design and implement high-impact transformative projects.
To grow opportunities for the underserved, IFC in South Asia has concentrated on low-income, rural, and fragile regions while building infrastructure and assisting public-private-partnerships; facilitating renewable energy generation; promoting cleaner production, energy and water efficiency; supporting agriculture and sustainable forestry; creating growth opportunities for small businesses; reforming investment climate; encouraging low-income housing; and making affordable healthcare accessible. IFC’s strategy in South Asia is built on three pillars:
IFC aims to promote economic inclusion at the base of the pyramid, particularly in the low income states of India
Help address climate change impacts
Encourage global and regional integration including promoting investments from South Asia into Africa
IFC Advisory programs are funded from its net income along with co-funding from other donors. IFC manages these programs either directly or in partnership with enterprises and institutions. IFC South Asia Advisory Services are headquartered in New Delhi...