devinitorg/iati-policy-markers huggingface dataset:
Cleantech Innovation Facility The proposal is to create the Cleantech Innovation Facility (CTIF), a $60 million delegated authority facility which would include up to $15 million of concessional funding to invest equity or quasi-equity in early stage Cleantech companies.  The CTIF will extend IFCs reach to a group of innovative Cleantech companies (companies producing goods or services which deliver GHG emission avoidance) that have strong potential development impact in terms of environmental and social benefits, while also targeting IDA countries and/or Bottom of the Pyramid markets.  

The CTIF will target companies that are innovative in terms of technology or business models across a broad spectrum of sectors, including clean energy, transportation, water, waste, building and energy efficiency, and will contribute towards GHG emission avoidance and increased access to modern, healthy energy and water services, among others. Impacts will vary investment by investment but tax receipts, job creation, and GHG emission avoidance will be indicators for all investments.  Other impacts may include increased access to water and energy for the underserved, recycling leading to reduced pressure on landfills, and technology transfer from the North to the South and from South to South.  Both directly and via demonstration effects, the CTIF aims to bring more capital and talent to Cleantech in development countries, and aims to support innovation in technology and business models.
PFG Project The proposed project is an up to $30 million investment into a vehicle managed by Partners for Growth (PFG), an experienced specialty lending fund manager focused on emerging companies and long-time partner with Silicon Valley Bank (SVB). The investment is contemplated to have a global Emerging Market mandate to invest in loans with a heavy emphasis on early to mid-stage health, life sciences, and technology companies, including a potential significant allocation to Fintech companies. The project is anticipated to spur economic growth and job creation through the provision of quality credit to borrowers in key segments requiring digitization such as access to health and financial services, logistics, and commerce. Stakeholder effects - Increasing investee growth: The Project is expected to help PFG in its bid to further close the financing gap that exists, especially in mid-sized, early-stage companies in Emerging Markets in a range of sectors that PFG has experience investing in: Technology, Fintech, Life Sciences, Energy/Cleantech, and Consumer/Commerce. The Project is intended to provide growth capital to high growth companies in geographies of interest, thereby increasing their growth (revenue) and filling the shortfall created by risk averse banks or dilutive equity providers.

Contribution to Market Creation - Integration: IFC anticipates that the Project will connect early-stage companies in emerging economies with international and domestic finance providers by demonstrating the viability of scaling a venture debt model, that is well-established for this segment in high income countries, in emerging markets.
TCX II Project The proposed project is a joint equity investment of US$50mn by IFC and IDA in TCX, a fund established in 2008 by a group of Development Finance Institutions and specialized micro-finance vehicles to offer products to manage currency risk in emerging markets and developing economies (EMDE). IFC will invest US$10 million for its own account and a further US$40 million on behalf of IDA under the Private Sector Window Blended Finance Facility. IFC is an existing investee in TCX with a 4.46% shareholding as at December 31st 2019. The proposed investment will increase TCXs capacity to offer currency risk management products in IDA countries and consequently enable offshore investors including DFI to provide local currency financing in those countries on competitive terms. IFC as a shareholder will benefit from member-pricing which will enable IFC to provide more local currency financing in IDA countries where hedging solutions may otherwise not be available Project impact:
The most significant expected Project-level outcome is the increased availability of currency risk management instruments that will facilitate increased local currency capital flows into IDA PSW countries.  

Market creation:
The project will contribute to stronger integration and the deepening of financial markets of IDA PSW countries primarily by creating relevant pricing benchmarks that are critical building blocks for the efficient allocation of financial resources. TCX will also help provide capacity building for stakeholders in IDA countries. IFC expects that increased scope for longer-term local currency financing will boost competitiveness in markets benefiting from expanded TCX hedging, encouraging other investors to replicate TCX's hedging activities by demonstrating their effectiveness and commercial potential.
CHF Holding The project seeks to take a programmatic approach to strengthening and growing CHFs network of 12 subsidiaries over the next five years. As such, IFCs investment consists of an equity investment of up to $10.0 million (over three years) in CHF Finance Group, LLC (the holding company), a commercial microfinance holding company that was established in late 2006 to invest in and operate a global range of microfinance institutions (MFIs) that provide micro and small business lending and housing financial services.  In addition to the equity investment, IFC will establish a debt facility of up to $30 million equivalent to be on lent to the companys subsidiaries on a streamlined/delegated basis over the next five years.  Lastly, IFC will establish an advisory services package of up to $1.8 million to support the development and strengthening of the central management function at the holding company level and directly to the subsidiaries over the next five years. Anticipated development impacts include:   - building public confidence in FIs;  - improving financial infrastructure by strengthening the governance of the subsidiaries;  - increasing capacity of MFIs through comprehensive capacity building and external funding support to transform Tier II MFIs into viable Tier I financial intermediaries that provide credit, savings and other financial services on commercial terms;  - contributing to poverty reduction through the growth and sustainability of existing MFIs; - improving housing stock for low income individuals through the expansion of CHFs housing loan portfolio; and  - improving environmental standards through the implementation of an environment and social management system.
SCB Microfinance The proposed project is a capital markets transaction which consists of the issuance of credit-linked notes (CLN) by a special purpose vehicle (SPV), to be established by Standard Chartered Bank (SCB), to a group of institutional investors including the International Finance Corporation (IFC).    CLN represent the credit risk of 26 micro finance institutions (MFI) that are currently in the portfolio of SCBs subsidiaries and branches.  By issuing the CLN, SCB would be transferring a part of its MFI exposure to such institutional investors thereby creating headroom to allow for more financing to MFI.  The portfolio currently is diversified over 9 countries in Asia and Africa with 58% of the loans originated in Africa and 42% in Asia. However, the exact mix may well change at the closing date and the replenishment period of the transaction. As part of its commitment at the Clinton Global Initiative, SCB aims to provide $200 million in 2007 in loans and greater support to its existing MFI customers.  It is estimated that SCBs entire $500 million microfinance facility will benefit 4 million people who are currently excluded from participation in the financial sector.  Currently, SCB has been extending credit to MFIs in Bangladesh, India, South Africa, Botswana, Zambia, Ghana, Kenya and Uganda.  In the next stage, SCB will reach out to MFIs in Pakistan, Sri Lanka, Afghanistan, the Philippines, Indonesia, Vietnam, Cambodia, Nigeria and China.    The proposed transaction is a core element in SCBs risk management approach and in meeting its goal of reaching the 4 million unbanked customers in Africa and Asia.  By assisting SCB to distribute the credit risk exposure of a percentage of its MFI portfolio, the transaction will enable SCB to leverage the coverage and delivery capacity of its unique network in the emerging markets of Asia and Africa.  The transaction structure will open a new avenue for SCB and possibly others in a similar position, to sell down the micro finance risk in the international capital markets.  What this ultimately means is that this transaction is a precursor to opening up international capital markets for MFI customers in emerging markets.  If this and similar initiatives are successful it could mean a quantum increase in the available resources for the MFI sector in many markets.  Moreover, as this transaction improves SCBs efficiency in allocating its capital, it will encourage SCB to continue investing in this business.  As the transaction has a geographically diversified asset portfolio, it affords the opportunity to a wide range of potential international investors to support the MFI sector that otherwise do not have any practical or efficient means to do so.  If the transaction can be successfully closed, it should have a significant demonstrational effect and can be replicated and used on a wider basis.  This all should lead to greater willingness of commercial banks and other financial institutions to expand their microfinance activities.
Black Sea Fund Summary Of Project Information (SPI)       Project Name    Europe-Black Sea Fund              Region    Europe Regional        Sector       Project No008959   Projected Board DateApril 20, 1998   Company NameBlack Sea Fund   Technical Partner and/or Major Shareholders    	The sponsor, Global Finance, is one of Greeces leading private equity and venture capital management firms, providing equity capital and management support for fast growing companies and entrepreneurs.     Project Cost Including Proposed IFC Investment    	Total Cost US$50 million including an IFC equity investment of up to US$10 million.    Location of Project and Description of Site    	The Black Sea region has a total population of about 130 million and suffers from a very limited supply of equity capital. The Funds target  countries of operations include Bulgaria, Romania, Ukraine, Russia, Georgia, Armenia, Azerbaijan, Moldova and FYR Macedonia.    Description of Company and Purpose of Project    	The Black Sea Fund is a private equity fund investing primarily in medium-sized enterprises in the Black Sea region. This Fund will bring much needed equity capital and technical assistance to the region and acccelerate market development in the targeted counties. IFC was instrumental in structuring a predecessor Fund with the sponsor, and IFC continues to play a strong role in this follow-on Fund in terms of being an anchor investor. IFC has also been offered seats on the Funds supervisory board and its investment committee.    Environmental Category and Issues    	This is a Financial Intermediary (FI) category project according to IFCs environmental review procedure. The Fund will be required to undertake an environmental review of eligible investee companies operations. In addition, IFC will assess the Funds capability to carry out environmental reviews of each investee company.        Date SPI sent to InfoShop     March 18, 1998      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
GTLP CITI V The proposed investment is a funded 50-50% risk-sharing facility with Citibank, N.A. (Citi) in a portfolio of trade-related assets for up to US$1.2 billion  with IFC investment of up to US$600 million (the Project).       The Project 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. The GTLP which is now part of the wider World Bank Groups response to the global outbreak of coronavirus, will augment trade limits helping to support the continued flow of trade transactions and critical commodities in countries facing financing challenges and disruption of cash flow.     Through the Project, 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 works to best position the private sector to support the economic recovery process, helping to shorten the time it may take for the most vulnerable to return to their traditional income-earning opportunities.
Balkan Enterprise Facility (BEF) Summary Of Project Information (SPI)       Project Name:    Balkans - Balkans Enterprise Facility (BEF)      Region:Central and Southern Europe   Sector:   Project No:010060   Projected Board Date:January 13, 2000   Company Name:Balkans Enterprise Facility (BEF)   Technical Partner and/or Major Shareholders    	The Balkans Enterprise Facility (BEF) would be managed by the IFC. In addition to seconding several key staff, the BEF would draw on the resources of personnel within the World Bank Group.    Project Cost Including proposed IFC participation    	The total project cost for the BEF for a period of five years is estimated at US$36 million. The proposed IFC budget contribution is US$1 million per year for five years, subject to a maximum of 17.5% of total budget funding for the BEF. Contribution for the fourth and fifth years would also be subject to the outcome of a proposed mid-term evaluation and the continuing support of the donor community.   	Several governmental donor agencies have expressed interest in contributing towards the remainder of the total project cost.    Location of project and Description of site    	The project involves setting up BEF offices, staffed by IFC personnel, in Tirana, Albania; Banja Luka and Sarajevo, Bosnia and Herzegovina; Skopje, FYR Macedonia; and Pristina, Kosovo.    Description and Purpose of Project    	The BEF facility offices will form an integrated small and medium-size enterprise (SME) support facility in the Balkans region. It will aim to assist in the development of the private sector in the region, by (i) improving the capacity of SMEs to access finance, (ii) supporting improvements in the business enabling environment, (iii) supporting training and education projects and (iv) launching specific initiatives in knowledge transfer and dissemination.    Environmental Category and Issues    	This is a category C project according to IFC''s environmental and social review procedure.  No further environmental analysis is required.       Date SPI sent to InfoShop:    December 13, 1999      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   Telephone: (202) 473-7711   Facsimile: (202) 974-4384
APRM II BNPP BNP Paribas Commodity Futures Limited (CFL) provides investment business services in the United Kingdom. It trades commodity futures including electricity, emissions, natural gas, carbon, coal, freight, oil, bio fuels, and metals, as well as soft commodities, including coffee, sugar, cocoa, and grain products such as wheat, corn  and soybean. The company was incorporated in 1989 and is based in London, the United Kingdom. CFL operates as a subsidiary of BNP Paribas and is part of BNP Paribas Commodity Derivatives unit that has branches and subsidiaries all over the world  The proposed 3 or 4 years transaction consists of up to US$100 million of un-funded IFC risk participation (the Facility or the Project) in a portfolio of margin financing facilities provided by BNPP to clients such as agricultural commodities traders, producers and consumers.  This risk participation will support further growth in CFL clients activities in emerging markets. The key development impacts are:  -	Improved Access to Finance:  By indirectly enabling emerging markets farmers and agricultural intermediaries across several countries to obtain price risk management products, the Project will facilitate their access to finance (since their lenders will be less exposed to factor price risk into their funding decisions).  -	Relieve EM producers, consumers and intermediaries from the negative impact of margin calls on the liquidity position  -	Increased Agricultural Production:  Better access to finance for producers can be expected to lead to increased agriculture production, which in turn will have a positive effect on agriculture prices.  -	More Stable Markets for agri-commodity Products:  It is expected to enable producers, intermediaries and consumers of agri-products to enter into more stable and longer term contracts, lowering uncertainty and improving price stability/help address price volatility.  The Project will support agribusiness in emerging markets by increasing the volume of trades executed on exchanges for the EM producers, consumers and intermediaries.
GTLP HSBC  Project The proposed investment is a 50-50% risk-sharing facility with HSBC Bank USA N.A. (HSBC or the Bank) in a portfolio of trade-related assets for up to US$600 million with IFC investment of up to US$300 million (up to US$100 million funded and up to US$200 million unfunded) (the Project). The Project portfolio will be consisting of emerging market FIs across globe and will include climate eligible transactions (20% of the portfolio on a best effort basis).     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 due to multiple macroeconomic factors including COVID-19 related economic downturn, supply chain disruptions and surging inflation. By sustaining HSBC's ability to provide trade finance services, despite global macroeconomic challenges, the Project is intended to address global trade finance gap and increase and/or maintain access to trade finance for ultimate stakeholders including Emerging Markets Issuing Banks ("EMIBs") and underlying importers and exporters in Emerging Markets. In addition, it is aimed at promoting global financial and economic integration by increasing the delivery of trade finance to EMIBs, resulting in more support of trade activities across markets through a wide geographical coverage and potentially grow the enabling platform of the Correspondent Banking Network.
GTLP Extn Citi The Project is the extension of a funded facility for IFC and funding partners (development finance institutions and international financial institutions) to provide trade financing of up to $500 million to Citibank N.A. (Citibank or the Bank) headquartered in the United States, as part of IFCs Global Trade Liquidity Program (GTLP) Extension. 

IFCs premiere crisis response initiative, Global Trade Liquidity Program, is a unique global public-private partnership (PPP) collaboration with 20 partners, public and private, that brings together governments, development finance institutions, and private sector banks to support trade in developing markets in order to address the shortage of trade finance resulting from the global financial crisis.  Significant achievements have been made to date: 5 global deal of year awards, total program disbursements almost $4 billion (DFIs $1.3 billion, IFC $0.6 billion, and banks $1.9 billion) financing over $17 billion of trade transactions financed with zero losses, over 80 percent benefiting SMEs, and nearly 40 percent supporting low-income and lower middle income countries.  Funding for this crisis response program came from development institutions and governments, and it worked through over 200 global and regional banks to extend trade finance ultimately to SMEs.  GTLP provides IFC and its partners with a proven foundation of experience, a partnership platform, and lessons that can be leveraged to develop other innovative solutions to tackle global strategic priorities such as supporting the financial sector, SMEs and agriculture.  

As part of  IFCs multi-faceted global financial crisis response , GTLP is being extended in order to address the current liquidity needs in the market which is affecting  the availability of trade finance funding for emerging markets.  Under this project, IFC is considering an investment of $1-2 billion, which will be match-funded with resources from other development finance institutions (DFIs) and international financial institutions (IFIs) as well as several international banks with an established footprint in emerging markets trade finance. The project is expected to have a significant development impact by increasing funding for trade of consumer goods, intermediate goods, smaller machinery and commodities demanded by emerging market enterprises.
Olam II WC Loan IFC is considering an up to US$100 million loan facility and up to US$75 million mobilization to Olam International Limited (Olam or the Borrower), a global agri-business 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 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 India  SVI Spices Processing Facility Nigeria  Crown Flour Mill Factory Nigeria  Greenfield Sesame Hulling Unit The proposed investment covers a range of 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 the projects 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; -	Improvement in farmers'' incomes;  -	Employment generation;  -	Private sector development through support to local MSMEs in Olam''s supply chain.