In March 2020, IFC secured support from its shareholders for an historic capital increase that will underpin IFC’s new Creating Markets strategy (IFC 3.0). With this new capital increase IFC’s goal is to more than double annual lending and investments by 2030. This ambitious goal includes own-account and mobilized amounts in private sector projects and companies; more than triple annual own-account investments in the poorest and most fragile countries (IDA and FCV countries); more than quintuple annual own account commitments in the poorest of the poor countries (Low-Income IDA countries and fragile and conflict-affected situations); triple the amount of annual climate-related own-account financing; and quadruple the amount of annual own-account financing dedicated to women and women-owned Small and Medium Enterprises (SMEs).
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