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International Finance Corporation

The International Finance Corporation (IFC) is the private sector lending arm of the World Bank Group, providing financial services to businesses investing in the developing world. As private enterprises often privilege “business confidentiality” over the public’s right to know, it is frequently difficult for the public to measure or influence the development impacts of the IFC’s activities.

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A Closer Look

Ahafo Gold Mine (Ghana) Open-pit cyanide processing gold mine will physically and economically displace nearly 10,000 people in its first phase alone Azeri-Chirag-Gunashli Phase I (Azerbaijan) Environmental problems cloud Caspian consortium of oil fields feeding the BTC Pipeline Baku-Tbilisi-Ceyhan (BTC) Pipeline Project (Азербайджан, Грузия, Турция) Controversial pipeline monitored for adherence to IFC and EBRD policies and to international standards Bujagali Hydroelectric Project (Uganda) Costly, unsustainable dam on the White Nile opposed by local civil society organizations. Chad-Cameroon Oil Pipeline Project (Chad, Cameroon) One of the most controversial World Bank projects ever, this $4.2 billion pipeline fails to beat the "resource curse" Kumtor Mining Project (Kyrgyz Republic) Kyrgyz mine's consequences include dangerous conditions and multiple toxic spills Lukoil Overseas (Karachagan