Tag Archives: IFC

Second Emerging Markets CLO Advances World Bank Group Push to Mobilize Private Capital for Jobs

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WASHINGTON, D.C., June 15, 2026—The World Bank Group, through the International Finance Corporation (IFC), has closed its second securitization transaction under the Emerging Markets Securitization Program (EMSP), marking continued progress in mobilizing private capital to support private sector growth and build a scalable market for institutional investment in emerging markets.

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Under Mission 300, A New Way of Doing Business Connects Over 50 Million People to Electricity Across Africa

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Mission 300 is now delivering electricity access at nearly double the pace recorded at the initiative’s launch — proof that coordinated action can drive large-scale change

CAPE TOWN, June 16, 2026 — The World Bank Group and the African Development Bank Group announced today that Mission 300 has connected over 50 million people to electricity across 40 countries — a major milestone toward the initiative’s goal of reaching 300 million people by 2030.

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Kazakhstan’s Irrigation Overhaul: Less Waste, Better Harvests

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STORY HIGHLIGHTS

  • From sunbaked fields in Makhtaral to rice paddies in Kyzylkum, a decade-long investment in water infrastructure is transforming how hundreds of thousands of farmers in southern Kazakhstan grow, irrigate, and thrive.
  • With World Bank support, Kazakhstan has modernized over 800 kilometers of canals and water management across four regions, improving irrigation and drainage services for more than 100,000 hectares of farmland.
  • For rural communities dependent on agriculture for their income, the impact of these efforts is immense — boosting yields, creating jobs, and securing water for generations to come.
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From Degraded Hillsides to Productive Land: Ethiopia’s Landscape Management Program

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STORY HIGHLIGHTS

  • Ethiopia’s CALM Program has brought over 2.56 million hectares under sustainable landscape management across 700 woredas, one of the largest landscape restoration efforts on the continent.
  • More than 8.8 million Second Level Landholding Certificates have been issued to 3.9 million households, securing rights to over 16 million hectares of land and demonstrating that farmers who hold formal rights to their land invest more in its long-term restoration.
  • The program has generated over 1.1 million jobs, enabled access to $65 million in loans for certified landholders, and reached over 11.5 million beneficiaries, of whom 50% percent are women.
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When risks stack up: Threats to global food markets in 2026

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Global food commodity markets entered 2026 on a relatively stable footing, supported by ample grain and edible oil supplies. However, escalating conflict in the Middle East has disrupted that stability, introducing new volatility into food trade and input markets. The World Bank Group’s April 2026 Commodity Markets Outlook projects a 2.5 percent increase in the global food commodity price index this year, but risks are firmly tilted to the upside. The emergence of El Niño conditions, rising energy and fertilizer costs, growing biofuel demand, and potential trade restrictions could all push food prices significantly above current projections.


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Harnessing Urban Growth for Recovery: New World Bank Report Charts Pathways for Resilient and Inclusive Cities in South Sudan

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JUBA, June 9, 2026 — The World Bank Group, in partnership with the Government of the Republic of South Sudan, today launched the South Sudan Urbanization Review: Cities as Anchors of Recovery and Resilience, calling for urgent, coordinated action to harness rapid urbanization as a driver of stability, jobs, and inclusive growth.

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Recycling Textile Waste Can Create Jobs, Unlock Investment, and Boost Competitiveness in Morocco

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World Bank Group’s IFC pilot program demonstrates feasibility;
next step is scaling through reforms and investment

Rabat, Morocco, June 9, 2026 — Pilot trials conducted as part of the Morocco Textile Circularity program, led by the World Bank Group’s IFC, show that recycling textile waste in Morocco is technically viable and commercially feasible – and that scaling it could attract US$1.9 billion in additional private investment and generate more than 30,000 jobs, according to the World Bank Group’s Country Private Sector Diagnostic for Morocco.

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Closing the skills gap: why industry must help lead the way

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The global economy is changing at extraordinary speed, and education and training systems are struggling to keep up. Artificial intelligence is transforming jobs almost overnight. The green transition will create tens of millions of new ones. By 2050, 22 percent of the world will be over the age of 60, creating urgent shortfalls in health and care workers. And yet, despite a large and untapped global labor force, employers cannot find the talent they need. The result is a paradox: mass unmet demand for talent, alongside a vast untapped labor force.

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New World Bank Group Partnership with Poland Focuses on Mobilizing Private Capital, Driving Innovation, and Creating Better Jobs

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WASHINGTON, June 16, 2026—The World Bank Group’s Board of Executive Directors today discussed a new Country Partnership Framework (CPF) for Poland for the period 2026-2031. The program will help Poland build a more innovative and competitive economy, mobilize private investment, create better jobs, and support the country’s next phase of growth.

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Resilience built to last: countries turning adaptation into everyday practice

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Climate adaptation is often treated as tomorrow’s problem. Adaptation means building resilience into the physical, natural, and human capital countries rely on to create jobs, deliver services, and protect people. With 1.2 billion young people entering the workforce in developing economies over the next decade, the ability of countries to protect and improve livelihoods depends on whether those systems can withstand the pressures climate change is already placing on them.

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