New sources of finance, knowledge, partnerships, and innovation are creating opportunities for the poorest countries. Helping countries seize these opportunities, while also addressing the ongoing challenges that inhibit broad and inclusive growth, requires close collaboration across the World Bank Group (WBG) to leverage private sector solutions. Through the Private Sector Window (PSW), the International Development Association (IDA) works closely with the WBG private sector arms—International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA)—to leverage IDA’s resources and help mobilize sustainable private sector investment in the poorest and most fragile markets. Launched in 2017, the IDA PSW blends concessional funds with private investments to help mitigate specific risks for high-impact development projects.
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