Supporting Cleaner

Technologies in Developing Countries

Corinne Figueredo,

Cleantech Program Lead, Environmental and Social Development Department,

IFC

May, 2009 Washington DC

Europe Central Asia

24%

South Asia 11%

East Asia and Pacific

14%

Sub-Saharan Africa12%

Global0%

Middle East and North

Africa13%

Latin America and

the Caribbean

26%

IFC FY08 Highlights

IFC promotes sustainable economic development and poverty reduction in developing countries.

Largest private sector multilateral development bank.

Investment: Equity, quasi-equity, loans, risk management and local currency products, carbon finance.

Concessional Finance and Advisory: Global Environment Facility, CleanTechnology Fund, other donors.

Standards: Promoter of environmental, social, and corporate governance standards e.g. Equator Principles.

Part of the World Bank Group.

• Portfolio $32.4 billion

• Committed $11.4 billion

• Syndicated $3.3 billion

• # of companies 1,450+

• # of countries 85+

IFC uses different tools to support private investment across the innovation chain

3

Product R&D

Start up

Advisory Services and Concessional Finance

Debt & Equity

Private Equity Funds

Pilot Project

Early stage

Expansion

Growth

Mass market

Mature

Carbon Finance

Direct Venture Investing

IFC uses a variety of tools in its cleantech advisory and

concessional finance work

4

early stage funding

capital-cost buy down

risk sharing facilities – first loss guarantees

convening suppliers, investors

consumer demand mapping

catalyzing product standards