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São Paulo, Brazil, August 31, 2022 – IFC, a member of the World Bank Group, has earmarked a record $4.387 billion to support private sector development in Brazil in fiscal year 2022 (July 1, 2021 to June 30, 2022). The projects aim to address the country's main development challenges by increasing competitiveness, productivity and connectivity, as well as improving infrastructure and ...

Brazil is the seventh-largest emitter of greenhouse gases (GHG) in the world. In alignment with its Paris Climate Agreement target, the country is committed to reducing 43 percent of GHG emissions between 2005 and 2030. To achieve this, the country needs an increased share of sustainable biofuels and clean energy in its energy mix.

Its main objective is to contribute to the development of the cement industry in Brazil towards a low carbon economy, using technical solutions allied to a range of recommendations from the academic, government and financial sectors. The challenge is considerable, since Brazil, according to IEA, is the country with the lowest potential for ...

IFC’s investment will play a role in supporting the growth of the food and beverages sector in Brazil, which accounts for 9% of Brazil’s Gross Domestic Product (GDP) and employs over 1.7 million people. WOW! Nutrition produces and distributes juices and nectars, iced tea, soy-based beverages, artificial sweeteners, diet products, and infant ...

Country Progress Report - International Finance Corporation

The investment reflects IFC's continuing confidence in Brazil's private sector, said Bernard Pasquier, Senior Manager of IFC's Latin America and Caribbean Department who signed the agreement for IFC. Fras-Le is a relatively small company with high-growth potential. It is characteristic of the type of investment that IFC has been targeting in ...

WASHINGTON, D.C., March 19, 1999 — The International Finance Corporation is making its first investment in Brazil's healthcare industry in a project that will enable healthcare providers and financiers – such as hospitals and insurance companies – to offer better quality and more efficient services to patients throughout the country.

Washington, D.C., October 19, 2001 —The International Finance Corporation, the private sector arm of the World Bank Group, will invest US$40.0 million in the Sepetiba Tecon container terminal in the Rio de Janeiro state, which will help improve the international competitiveness of the entire port sector in the Southeast container market in Brazil.

IFC is the largest global development institution focused on the private sector in developing countries. IFC, a member of the World Bank Group, advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries. We apply our financial resources, technical expertise, global ...

Country: Brazil Sector: Education Finance IFC’s Investment: BRL 12 million (approximately $7.5 million) in equity COMpANY BACkGROUND Ideal Invest S.A. (Ideal) is the leading private provider of student loans in Brazil. Founded in 2001, Ideal originally offered working capital financing to private universities, backed by student tuition ...