In this month’s edition of IFC Insights, we focus on the power of connections. While the
proliferation of new technologies has increased the ease and possibilities of connectivity across the globe, the access to and uptake of these tools has not always been evenly spread.
Tag Archives: IFC
Development Finance Needs Creative Solutions. Rhino Bonds Are Just One Example.
The current strains in the financial sector highlight once more the importance of sound risk-
management practices in banking. Understanding potential balance-sheet risks arising from holding specific assets is paramount. That’s why,
Rated Criteria – A Game Changer for Promoting Value in World Bank Procurement
· World Bank Procurement in Investment Project Financing helps borrowers achieve
sustainable development objectives through value-based, principled, and transparent procurement guidance and support.
· The World Bank Procurement Framework launched in 2016 promotes a strategic, fit-for-purpose approach to procurement that focuses on impact and overall value-for-money.
· In keeping with the value-focused approach, most World Bank-financed Procurement will require the use of Rated Criteria which will promote the inclusion of key quality and sustainability criteria rather than using just the lowest evaluated price for award decisions.
Climate Change and Paris Alignment: “The Climate is Changing, and So Are We”
Our upcoming Spring Meetings will focus on Reshaping Development for a New Era – this is
an excellent opportunity to take stock of progress being made to tackle the many challenges facing global development, including climate change.
5 ways the World Bank is leading by example on nature
We are emerging from decades of a “grow now, clean up later” mindset that delivered
development dividends, while hiding a host of social and environmental issues. In 2020, this paradigm hit headfirst into the realities of a global pandemic, worsening climate change, and conflict. Across poor countries and in poor communities, people who had only marginally benefited from development were the first to experience its shortcomings.
World Bank Group President David Malpass Spring Meetings 2023 Positioning Speech
Growth and Stability During Crises
Delivered in Niamey, hosted by the Abdou Moumouni University of Niamey
at the Gandhi Conference Center, March 30, 2023
Malpass Announces Strengthened Effort to Support Private Sectors and Increase Private Capital for Development and Climate
WASHINGTON, March 23, 2023—World Bank Group President David Malpass today announced a new approach to strengthen private sectors and the delivery of Private Capital Facilitation in World Bank Group operations and knowledge work aimed at increasing growth and the resources available for development and climate costs.
Reminder on Subcontract and Subaward Reporting Requirements
Letter from USAID
Dear Partners,
The purpose of this letter is to remind prime contractors and recipients of their responsibilities to report certain subawards and subcontracts in the Federal Funding Accountability and Transparency Act (FFATA) Subaward Reporting System (FSRS), available at FSRS.gov.
Dutch cabinet accelerates plan for hydrogen production at sea
The cabinet wants to install the first large-scale green hydrogen production at sea in
the North Sea, north of the Wadden Islands. The production location will be located next to two wind farms and should be operational around 2031. The green hydrogen is brought ashore through pipelines.
Remembering the lessons of COVID-19 to build resilience for future shocks in Europe and Central Asia
From January 2020 until recently, COVID-19 dominated international headlines and our
thoughts. Europe and Central Asia were severely hit by COVID-19, facing among the highest excess death rates in the world.
Netherlands for the World Bank 
You must be logged in to post a comment.