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climate finance: IFC investments in India to zoom to over $4 bn, focus on climate finance

The International Finance Corporation (IFC) plans to increase its investment in India to over $4 billion this financial year, with a focus on climate finance. India s renewable energy targets and plans for a net zero economy by 2070 align with IFC s investment priorities, particularly in areas like batteries and electric vehicles (EVs). IFC also emphasizes financial inclusion, digitalization, infrastructure, and public-private partnerships as crucial for India s growth. However, challenges such as geopolitical developments and high interest rates may impact economic predictions and investment decisions. ....

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New Guarantee Platform Delivers Efficiency, Simplicity to Boost Impact

In its continued efforts to work better and more efficiently with member countries and the private sector community, the World Bank Group recently announced a major overhaul of its guarantee business that will deliver simplicity, improved access, and faster execution through a new, convenient marketplace. ....

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World Bank Group Publishes New Data, Aiming to Boost Investment in Emerging Markets

WASHINGTON, March 28, 2024 The World Bank Group today published sought after proprietary statistics that reveal the credit risk profile of private and public sector investments in emerging markets. Making this data publicly available is the latest in a concerted effort to drive more private sector investment to emerging and developing economies. ....

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Increased local trade finance could boost annual trade by $55 billion

Improving access to affordable trade finance could increase imports and exports by up to 6 and 9 per cent respectively in Vietnam, according to a new report by the International Finance Corporation (IFC) and the World Trade Organization (WTO). This represents an annual increase in merchandise trade of $55 billion. ....

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New Initiative to Help Iraqi Entrepreneurs | Iraq Business News

By John Lee. The International Finance Corporation (IFC), Iraq Venture Partners (IVP), and Innovest Middle East have created a new initiative that aims to address the challenges faced by entrepreneurs in Iraq. A statement from IFC said the new program, "Scale Iraq (#ScaleIraq)", will support 20 startups, addressing their specific needs and gaps, esigning and ....

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