International Finance Corporation
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on leveraging the power of the private sector to create jobs and tackle the world’s most pressing development challenges.
Working with private enterprises in more than 100 countries, IFC uses its capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. Its investments in fiscal 2013 reached an all-time high of over $18 billion. IFC committed 9% of that total to companies with inclusive business models.
Recognizing the importance of inclusive business, IFC established its Inclusive Business Models Group in 2010. Today the group is leading efforts to promote inclusive business across IFC: Catalyzing ideas and innovation by sharing market data and insight, developing custom tools and resources, and helping clients replicate inclusive business models. Convening IFC clients, emerging market and global business leaders, and international development stakeholders to promote collaboration during the annual Inclusive Business Forum and other global meetings. Communicating successful business models and best practices through reports and case studies and highlighting innovation through global competitions, including the Financial Times/IFC Transformational Business Awards.