ABSTRACT
The International Finance Corporation (IFC) is part of the World Bank effort to promote sustainable development through encouraging and aiding private-sector investment in developing countries. The objectives, quite simply, are to reduce poverty and improve people’s lives. The IFC is only four years old and its mere existence is indicative of the change occurring in the financial sector when it comes to sustainable development. The IFC can serve as a catalyst to stimulate and mobilise private investment where it might not otherwise happen. As an honest broker, the IFC can be a reassuring presence for joint-venture partners and host governments in the developing world.
