At Ecomondo to invest in developing countries
Meet the regional and industrial experts of IFC, International Finance Corporation (part of the World Bank Group), which will come to Ecomondo to present investment opportunities for private companies in the climate business in the Middle East & North Africa and Sub-Saharan Africa region.
The convention will feature business meetings between companies and IFC experts. Find out how to take part.
The Italian Ministry of the Environment, Land and Sea (IMELS) and IFC, a member of the World Bank Group, are pleased to invite you to their joint event on Climate Business Opportunities in the Middle East & North Africa and Sub-Saharan Africa, which will be held at Ecomondo in Rimini on November 6.
The event will feature a selection of experts from IMELS and IFC, who will focus on climate business trends and private sector investment opportunities in these markets. Building on over six decades of experience as a global investor, IFC will share relevant lessons learned and its expertise in investing and mobilizing third party capital for projects in the MENA and Sub-Saharan Africa across a number of sectors.
IFC - a sister organization of the World Bank and member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets.
We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world.
In fiscal year 2018, we delivered more than $23 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.
- Are you a private company looking to finance projects in developing countries? Find out how
- Want to apply for funding? Find out the requirements
For more information, visit www.ifc.org
A company or entrepreneur seeking to establish a new venture or expand an existing
enterprise can approach IFC directly by submitting an investment proposal.
After this initial contact and a preliminary review, IFC may proceed by requesting a detailed feasibility study or business plan to determine whether or not to appraise the project.
HOW TO APPLY FOR FINANCING
IFC offers a wide variety of financial products for private sector projects in developing countries. To be eligible for IFC funding, a project must meet a number of criteria.
The project must:
- Be located in a developing country that is a member of IFC;
- Be in the private sector;
- Be technically sound;
- Have good prospects of being profitable;
- Benefit the local economy;
- and Be environmentally and socially sound, satisfying our environmental and social standards as well as those of the host country.
For more information, click here
About the Italian Ministry Environment, Land and Sea (IMELS)
IMELS is the Italian Ministry that has a commitment to tackle environmental related problems, climate change and clean energy production, with the main challenge of promoting a green circular economy as the best tool for the huge climate task ahead.
IMELS focuses on all aspects related to climate and environment through a series of important initiatives at a national and international level, in cooperation with the European Union, multilateral organisations, universities, think tanks and cooperation agencies, as well as through a network of bilateral relations with governments counterparts in emerging markets.
IMELS' long term targets span from mitigation to adaptation, from water scarcity to recycling, from renewable and energy efficiency to soil degradation. Tapping upon its own experience and many Italian companies' expertise, its role extends beyond Italian boundaries and aims at remaining a point of reference for many private and public counterparts in the field.
For more information, click here