IFC

IFC

IFC takes important step to cut support for coal

After years of campaigning by Oxfam and others, the International Finance Corporation announced it will require new financial intermediary clients to publicly disclose their links to coal and will work with them to reduce and potentially drop these investments.
An indigenous woman in Monte Olivo, Guatemala, whose community has suffered repression linked to an IFC-backed project. Photo: Santiago Botón, TeleSUR Guatemala

The suffering of others

Increasingly, development money is being channelled through third parties such as banks or private equity funds. This report tells the human story behind the high finance and statistics.

Enrolled Nurse, Miriam Chisizwa, at work in the post-natal ward at a public sector hospital in Lilongwe, Malawi. Photo: Abbie Trayler-Smith/Oxfam 2007

Investing for the Few

The Health in Africa initiative of the International Finance Corporation, which promotes private sector healthcare delivery, is extremely unlikely to deliver better health outcomes for poor people.

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