devinitorg/iati-policy-markers huggingface dataset:
Munich Re Surety Facility The project entails a risk sharing facility (the Project) of up to $100 million with Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (Munich Re or the Company) on its emerging market surety bond exposures. The Project will target infrastructure development in Brazil by risk sharing the Companys peak exposures to selected engineering, procurement and construction (EPC) companies. The Project will support the development of infrastructure, a key bottleneck for sustainable growth and for improvement of competitiveness in Brazil and can be expanded to include other emerging market countries. The development impact of the Project is expected to be threefold:  i) the Project will provide a significant multiplicative effect estimated to help lever project capacity by a substantial factor to support infrastructure projects over the Project life by way of surety bonds;  ii) it will launch an innovative pilot facility to support developing country risk transfer in the reinsurance industry that acts as a back-stop for infrastructure risks in the economy; and  iii) the Project will have important demonstration effect in further improving the practice of environmental, social and reputation risk management.
WCS IDA PSW IFC as implementing entity of the IDA Private Sector Window (IDA PSW) Blended Finance Facility is expected to support working capital loans in PSW eligible countries under the WCS Facility with a first loss guarantee of up to US$216.1 million (blended concessional finance co-investment). Without the de-risking provided by IDA PSW, IFC will be limited in its ability to support Working Capital loans in IDA PSW countries given the increased demand for financing and the higher risk-return required in IDA PSW countries. This support is targeted in the context of responding and helping with the resilience measures around COVID-19 crisis. The most significant expected project-level outcome is significant support for access to finance and liquidity for EM banks, traders, MSMEs, and other real sector borrowers. Beyond the project outcome, IFC anticipates that the WCS loans will support resilience during an acute crisis, also supporting an expeditious recovery once exogenous shocks have stabilized. The potential impact of the WCS loans is in no small part due to IFC's 15-year history in trade and short-term finance, including effective responses under WCS and other trade products in past crises.
EOFI Conox Project Conox Ltd. has developed a new and innovative proprietary technology to process black liquor from the straw pulp manufacturing process.  This novel technology is expected to eliminate the straw pulp''s largest source of pollution and has the potential to address the largest source of water pollution in China.    The success of the technology developed by Conox will have an important developmental impact in China as well as in many other developing countries where wood resources are scarce and where non-wood resources are available for pulp production:    -  It will reduce pollution from the pulp and paper industry;    - reduce rural poverty (as straw pulp mills or other renewable material based mills are located in rural areas);    -  strengthen small and medium-scale businesses (as straw pulp mills are typically small); and    -  create new jobs in new mills or preserve existing ones by avoiding closure of existing straw pulp mills.
Nidera-COFCO Nidera is a global trader of agricultural commodities (including oilseeds, grains and biofuels) and a producer of seeds and crop protection products with operations in 18 major exporting and importing countries; distribution to over 60 countries.   Nidera is seeking to launch the second phase of an expansion plan (started in 2009) to continue to grow its grain/oilseeds origination and infrastructure platform in Latin America (Brazil, Argentina, Paraguay, and Uruguay), Eastern Europe (Russia, Kazakhstan, and Romania) and North America (U.S.) and thus seeking a capital increase to fund its plans.  COFCO Corporation (COFCO), through its subsidiary, has entered into an agreement with Nidera to subscribe primary shares to support the above expansion plan and also acquire secondary shares from existing shareholders, which would result in COFCO getting 51% shareholding in Nidera.  IFC is invited to co-invest with COFCO, HOPU Fund and other investors into Nidera. - The new global agri trading platform will improve efficiencies of global food supply chains with expected synergies and economies of scales and scopes, and increase competition and efficiency of the global agri trading landscape dominated by large global agri traders.  - Contribute to food security:  Part of the investment will be fresh capital to support agri logistics and infrastructure projects in Brazil, Eastern Europe and US, providing farmers better access to market and farm inputs (seeds), and leading to more supply of agri commodities.  -Employment generation in multiple developing countries under the Project.
GTLP Citi IV 0  0  0  0  0  0  0  0  0.0000       The proposed project, GTLP Citi IV, falls under the Global Trade Liquidity Program (GTLP), an innovative and well-received trade finance program launched by the International Finance Corporation (IFC) in 2009. The GTLP provides liquidity or guarantees thereby helping banks to more fully utilize their credit limits, manage risk and support trade in the emerging markets. Since its launch, the GTLP Program has supported more than US$54.4 billion in trade (one third of which in IDA countries). The GTLP Citi IV project is a renewal of the existing GTLP Citi III transaction.  GTLP Citi IV involves establishing a funded risk sharing facility with Citibank, N.A. (Citi or the Bank) for up to US$1.2 billion, with an IFC investment of up to US$600 million in a portfolio of trade finance assets (the Project). Direct and Indirect Support of Trade. The Project will help enable Citi to deliver trade finance to emerging market issuing banks. This is expected to in turn increase access to finance for emerging market importers and exporters along the value chain, thus  supporting growth, employment, and  the generation of income.

Cross-border Finance Links Support. IFC is partnering with a bank that has a long track record of developing financial infrastructure, processes, networks and trade finance channels, and the experience to engage in the trade finance space successfully. By continuing to support the cross-border finance links that are essential to emerging market financial systems, the Project will help to increase  trade finance through established channels that have been developed  over time.
GTLP SMBC III The proposed investment is a funded 50-50% risk-sharing facility with Sumitomo Mitsui Banking Corporation (SMBC or the Bank) in a portfolio of trade-related assets for up to US$1 billion  with IFC investment of up to US$500 million (the Project). The Project portfolio will be consisting of emerging market FIs across globe including IDA and Low-Income countries and will include climate eligible transactions (20% of the portfolio on a best effort basis).     The Project sits inside the IFC COVID-19 Facility, which is more broadly part of the wider World Bank Group response to the global outbreak of coronavirus and will augment trade limits supporting the continued flow of trade transactions and critical commodities in countries facing financing challenges and disruption of cash flows due to the global outbreak of the coronavirus.     The Project will use the Global Trade Liquidity Program (GTLP) platform, an innovative and well-received trade finance program launched by the IFC in 2009, through which IFC will play a countercyclical role during crisis, especially at times when other lending institutions or investors appetite may be subdued as negative economic impact is worsening in the rapid spread of COVID-19. The development impact thesis shared by all projects under the IFC Crisis Response Facility is that by supporting clients' capacity to sustain operations during an acute shock, IFC best positions the private sector to support the economic recovery process, shortening the time it will take for the most vulnerable to return to their traditional income-earning opportunities.
GMFI-Micro Enterprise Bank Yugoslavia In view of the improving political climate in Yugoslavia, in late 2000 IFC began discussions with its strategic partners concerning establishment of a microfinance institution there.  IFC has worked closely with the shareholder group to develop this transaction, including negotiating project structure, developing MFB''s business plan and operating guidelines and obtaining support for technical assistance.  When fully-operational, Micro Finance Bank Yugoslavia will provide a full range of credit and banking services to the MSE target group, including working capital and fixed asset investment lending, savings and time deposits, credit cards and money transfer services.  Foreign markets for MFB''s international transfers and payment services include the over 800,000 Yugoslav nationals resident in Germany.     Bank intermediation to MSEs is close to nonexistent in Yugoslavia. Confidence in the country''s banking system was destroyed through wartime confiscation of savings accounts and the collapse of pyramid savings schemes during the early 1990s.  About half of Yugoslavias money supply is estimated to be held outside the banking system.  In common with the other parts of the former Yugoslavia there is an immediate need to build new, professionally-managed and credible banks which can be trusted as both lenders and deposit-taking institutions.   The proposed investment in MFB is, therefore, expected to be strongly developmental -- in terms of its economic impacts, stimulus for business reconstruction, employment generation, confidence-building in the banking sector, and introduction of commercially-oriented microfinance techniques to Yugoslavia.   In addition to poverty alleviation and related impacts within the MSE target group, IFC''s involvement in MFB is expected to yield a number of important demonstration effects.  First, establishment of MFB will provide for a best-practice financial institution with sound operating policies, transparent financial reporting, environmental screening procedures and a clear governance structure.  Establishment of a professionally-managed, reputable bank in Yugoslavia is particularly important in view of public loss of confidence in the country''s banking system as a result of wartime savings account seizures and the pyramid schemes of the 1990s.  Second, IFCs involvement in MFB is expected, over time, to lead to the replication of commercially-oriented MFIs in the market and downscaling by Yugoslavia''s existing commercial bank operations to serve MSEs.  Third,  Technical Assistance provided to MFB is expected to generate spill-over benefits in the form of trained managers and employees available to other Yugoslav financial institutions.  Lastly, MFB will contribute to mobilizing MSE savings in due course, although this will not be its initial focus.
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         The proposed project involves IFC providing a Co-Investment Facility (the Facility) to be managed on IFCs behalf by Victory Park Capital Advisors LLC (VPC or the Firm). VPC will use the Facility to provide senior secured debt to non-bank lenders in a number of emerging countries. The proceeds of the senior secured debt will be on-lent by the non-bank lenders to small business and individuals in the respective countries. By this Facility, IFC will be providing scarce debt capital for non-bank lenders that are quickly growing into an important source of financial inclusion in emerging markets. Transparency, Competition and Lower Interest Rates: Supporting non-bank lenders and enabling them to scale will drive competition in consumer and SME lending in emerging markets. This will increase transparency and help drive down interest rates.  
Financial Inclusion: The technology used by Non-bank Lenders for loan scoring consumers and businesses allows them to establish alternative credit scores for borrowers in seconds and thereby provide loans to large numbers of unscored people/businesses. This provides greater access to finance to small business and consumers.
ALD_Green_Fleet ALD S.A. (ALD), a subsidiary of Société Générale, is a global fleet management and long-term vehicle leasing service provider operating a fleet of above 1.7 million vehicles with operations in over 40 countries. IFC is proposing to invest up to US$400 million in the form of senior loans to support ALD in financing the green transition of its fleet across emerging market subsidiaries. i.) Significantly increase the number of green vehicles (GVs) in the targeted 8 emerging market (EM) countries, and thereby also increase the demand for electric vehicle infrastructure in these markets. ii.) Due to the environmental benefits of GVs, the Project is expected to contribute to a reduction in greenhouse gas (GHG) emissions in the 8 target EMs. iii.) The project will help prove the financial viability of GV leasing by demonstrating the business case of GV's lower total cost of ownership as compared to vehicles with internal combustion engines.
Global Climate Partnership Fund IFC proposed an investment of up to US$100 million in the Global Climate Partnership Fund SA. SICAV-SIF (GCPF or the Fund), a closed-ended debt fund launched in December 2009. IFC's investment will support the Fund in its mission to reduce greenhouse gas (GHG) emissions by fostering energy efficiency (EE) and renewable energy (RE) investments for small and medium enterprises and private households in emerging markets (EM), mostly through Financial Institutions. IFC's investment will also support the Fund in maintaining its funding structure; grow its portfolio of investments; crowd-in additional private sector investors; and contribute to GHG reduction in WBG-eligible borrowing countries globally. This project is expected to contribute to sustained and increased access to climate change mitigation finance across emerging markets. In addition, the Project will enable further reduction of GHG emissions, bolster renewable energy conversion, and mobilize additional financing for climate change related projects. Beyond the Project, the investment is expected to help promote sustainability by demonstrating to the market the benefits of extending climate financing across emerging markets It will also promote competitiveness through capacity building, and demonstration effects.
GTSFUnderArmour This project is proposed under IFCs Global Trade Supplier Finance program (GTSF or the Program) approved by the IFC Board on September 21, 2010 (Original Project #28723).  Under GTSF, IFC provides short-term financing to suppliers (Suppliers) in emerging markets selling to large companies (Buyers) on open account terms. Under this project, IFC will provide financing to Under Armour Inc (Under Armour or the Company) for Suppliers based in Latin America & Caribbean region and other emerging market countries.
Yara Corporate Yara International ASA (Yara or the Company) is one of the worlds largest fertilizer producers. The Company is actively expanding its operations in emerging markets and has invited IFC to consider supporting its FY16-FY19 capital investment programs in Brazil, Zambia and Colombia (the Project). Implementation of the Project is expected to improve availability and affordability of high quality fertilizers in Brazil, Colombia and Zambia and other emerging countries, strengthen competitiveness of local famers, create jobs and enable transfer of technical and managerial know-how in the fertilizer manufacturing and distribution sectors.
Deutsche Bank Microcredit Facility The project concept is to develop a self-sustaining , commercially viable micro credit enhancement facility to support MFIs throughout the world.  The facility will provide credit enhancement products at commercial terms to MFIs working through local commercial banks.  These enhancements will enable and encourage the local banks to provide loans or to substantially increase the modest support that may be provided to MFIs, where such banks would otherwise not be prepared to make such loans and would do so with primarily local currency.  Credit enhancement products will include standby facilities, such as letters of credit, letters of guarantee and direct funded loans or deposits products with local commercial banks.  The facility will also provide credits directly or through local commercial banks.  Presently many MFIs fund growth of their local currency loan portfolios through hard currency loans.  This subjects them to foreign currency risk, which is the greatest risk affecting the microfinance industry globally.  The facility directly addresses this issue by filling the local commercial funding gap which strongly limits the growth of MFIs and should result in a stronger and more effective commercial microfinance industry, leading to economic development and increased opportunities for the MFIs and their borrowers.  IFC's participation would help facilitate the entry of other investors.
Olam Corp Loan IFC is considering an up to US$120 million loan facility to Olam International Limited (Olam or the Borrower), a global supply chain management group headquartered in Singapore and listed on the Singapore Stock Exchange (SGX: Olam). The proceeds of the loan provided by IFC shall be used for: (a) partial refinancing of existing financial debt of Olams subsidiaries in respect of Approved Projects pre-agreed between Olam and IFC; and (b) financing permanent working capital and capital expenditure requirements in respect of Approved Projects. Approved Projects are projects of Olams subsidiaries that are pre-agreed between Olam and IFC in the Loan Agreement. Currently, approved projects are expected to consist of the following:  India  Hemarus Industries Limited - Sugar and Cogeneration Facility Acquisition and Upgrade India  SVI Spices Processing Facility Upgrade Nigeria  Crown Flour Mill Factory Expansion  Nigeria  Greenfield Cashew Nut Processing Plant Nigeria  Greenfield Sesame Hulling Unit - Relocation of Existing Facilities and Upgrade The proposed investment covers a range of corporate projects in various geographies and subsectors. The development impact of each project will be assessed on its particular merits as regards: (i) financial viability; (ii) economic viability; (iii) E&S performance; and (iv) private sector development. Most of these projects, however, are likely to contribute to one or more of the following: -	Food sufficiency, especially in the host countries -	Farm productivity improvement, technology transfer and demonstration impact -	Farmers'' incomes. According to its Annual Report, Olam has relationships with about 200,000 producers, a number that will increase as part of this investment, including in some post-conflict countries in Africa  -	Employment generation. The projects contribute to the creation of formal, non-farming jobs in rural areas where most of the world''s poor live -	Support to local MSMEs that provide goods and services or participate in the marketing of Olam''s products.
IFC Climate Catalyst Fund As part of IFCs strategic focus on addressing adverse climate change across the emerging markets, IFC is proposing to invest in a to-be-established investment vehicle (Climate Catalyst Fund) that will mobilize additional capital for co-investment alongside IFC in private equity funds (Climate Funds) focused on low-carbon and climate-friendly projects and companies globally across the emerging markets. The objective of the Climate Catalyst Fund is to stimulate the development of Climate Funds and climate friendly projects and companies which are expected to play a key role in accelerating the growth of investment in renewable energy and other low-carbon solutions. The project is expected to deliver strong development impact by: (i) stimulating the development of Climate Funds and climate friendly projects and companies which are expected to play a key role in accelerating the growth of investment in renewable energy and other low-carbon solutions; (ii) mobilizing the additional capital needed to help fill the investment gap caused by the reluctance of institutional investors to invest in Climate Funds and climate friendly projects; (iii) reducing GHG emission and creating other positive environmental impacts; (iv) promoting the robust, inclusive economic growth needed to improve the lives of people impacted by adverse climate change; (v) transferring technology, best practices (including IFC Performance Standards) and innovative business models; and (vi) raising awareness of the commercial attractiveness of investing in low-carbon and climate-friendly projects and companies, and helping institutional investors to learn about these sectors in emerging markets.
Adjuvant  Project The proposed project entails an IFC equity commitment of up to US$20 million, not to exceed 20% of total commitments, in Adjuvant Global Health Technology Fund L.P. (The Fund), a 10-year closed-end fund raising US$200 million to make equity, mezzanine and debt investments in companies or projects developing solutions for overlooked public health challenges. Given the Fund's focus on the late stage in the development of many of the drugs, vaccines and diagnostics in the pipeline, it is reasonable to expect a large development impact on several fronts: 
(i)	improving access to high-impact treatment for millions of patients, and especially vulnerable populations (children and pregnant women) 
(ii)	possible replication of the business model and scale-up of the flow of additional funding into late stage development of drugs for neglected diseases; 
(iii)	by demonstrating the commercial viability of the proposed funding structure, this could prove to be an important catalyst for the development of drugs that otherwise would not be developed
Eleni&Associates The proposed project aims to support existing or establish new national exchanges in Africa (and potentially outside of Africa) through a partnership with Eleni & Associates LLC, a newly established company with expertise in designing, building and supporting core operations of scalable commodity exchanges in Africa.  E&A will develop a full suite of technology necessary to operate a commodities exchange, including logistics management, electronic payments, market data, trade, reporting, surveillance, and warehouse receipt systems. Other co-investors are expected to join this undertaking. The proposed Project is expected to have a strong development impact by improving the functioning of commodities markets in Africa (and potentially in a broader emerging markets context) through price formation, market transparency, regional trade, and logistics management.  It is also expected to improve access to credit.