Tag: IFC

HSBC, IFC “Real Economy” Green Bond Fund Raises $538M at Final Close for Climate Action

Stuart Mitchell

HSBC Asset Management and IFC, a member of the World Bank Group, have announced the final closing of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), boosting access to climate finance and helping further develop the market for green bonds. REGIO, the first green bond fund focused on well-diversified climate-smart investments in “real economy” issuers in emerging market countries, closed with total investor commitments of $538 million following further investment from two European investors. REGIO uses both public and private capital to build climate change-mitigation capacity in…

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IFC Partners with Health Care Companies to Strengthen Women’s Leadership Roles

Stuart Mitchell

The IFC Women’s Employment Program has announced the creation of the Women’s Leadership in Private Health Care Global Working Group, which aims to strengthen women’s leadership roles in the health care sector. The working group brings together Chief Executive Officers and Human Resources managers from 17 leading health care organizations in Africa, Middle East, and South Asia to identify and address gender barriers in their field. This is an initiative under the umbrella of IFC’s Global Health Platform, which promotes private sector solutions in developing countries to respond to COVID-19…

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IFC Training Helps Companies in Fiji Facing Increased Gender-Based Violence Due To COVID-19 Pandemic

Stuart Mitchell

IFC will offer world-class training to companies in Fiji facing a likely increase in gender-based violence from the ongoing impacts of the COVID-19 pandemic. Partnering with the Australia Pacific Training Coalition, IFC will offer a 12-day Train the Trainers Course on workplace responses to gender-based violence. The course, based on IFC’s work with more than 50 businesses in Fiji, Myanmar, Papua New Guinea and Solomon Islands, is targeted at professionals in human resources and business consulting services. Even before the outbreak of COVID-19, gender-based violence affected two in three women…

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IFC and Microsoft partner to foster female entrepreneurship and opportunities for forcibly displaced populations in Brazil

Stuart Mitchell

Microsoft Participações is joining the International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group, to boost female entrepreneurship and training and employability for forcibly displaced populations in Brazil. The partnership involves three complementary efforts: a public workshop to discuss how to address Environmental, Social and Governance (ESG) concepts in technology companies and startups at an early stage; a technical training program for female entrepreneurs, and the promotion of technological qualifications for forcibly displaced populations, aiming…

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IFC and the Hong Kong Monetary Authority Launch New Alliance to Address Climate Change

Stuart Mitchell

IFC, a member of the World Bank Group, has signed a new partnership with the Hong Kong Monetary Authority (HKMA) to encourage commercial banks in Asia to adopt strategies and targets to become greener. The signing of the agreement makes the HKMA the first partner to work with IFC on the initiative. As the founding member and first regional anchor for the Asia Chapter of the Alliance for Green Commercial Banks– a new initiative launched by IFC to help develop green commercial banks and encourage more green finance in order…

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