devinitorg/iati-policy-markers huggingface dataset:
Environmental Opportunities Facility The EOF will provide catalytic project development funding and flexible investment financing for innovative projects that address primarily local environmental issues.  Target sectors include:  (i) environmental infrastructure services (e.g., clean water supply and wastewater treatment), (ii) pollution abatement services (e.g., for outdoor and indoor air pollution), (iii) sustainable technologies and business models (e.g., renewable energy, low-impact agriculture, eco-tourism), and (iv) eco-efficiency improvements that reduce material and energy inputs.    Investments in these types of projects clearly contribute to IFCs mission of supporting sustainable development.  However, a number of promising projects do not yet meet IFCs mainstream investment criteria because they involve higher-than-acceptable costs and/or risks.  The ventures hold out the prospect for increased environmental sustainability but must overcome the uncertainty associated with new markets, new technologies and new ways of doing business.    The EOF will allow IFC to support these more challenging ventures with grants for project preparation and/or flexible investment financing.  EOF projects will be pursued in a manner that clearly acknowledges the higher risks and designs appropriate interventions.  In this way, the EOF will give IFC the ability to push the market towards adopting new business models and technologies that protect the environment and address problems of critical concern to people living in developing countries, especially the poor.
Root Capital The proposed investment consists of a senior loan package of US$10million to Root Capital, Inc. (Root Capital or the Company).  Founded in 1999, Root Capital is a nonprofit development financier that provides loans and financial training to farmer aggregators, cooperatives and agricultural SMEs in Africa and Latin America.   The proposed financing package will be supported by the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP).  GAFSP funding plays a catalytic role to create opportunity to support innovative private sector investments and deliver a level of additionality and impact beyond what is possible through IFCs regular operations.   The financing package will support Root Capital to scale its Sustainable Trade Fund operations, its core lending arm, in order to become a financially sustainable business, while addressing the funding needs of the missing middle in the agricultural finance space; i.e. rural businesses that are too large to access credit from microfinance institutions but considered too remote to secure financing from commercial banks. 1) Expected to reach approximately two million farmers over the next five years. 2) Significantly enhances Root Capital''s lending volume targets as stipulated in its five-year business plan.  This is expected to positively impact the "missing middle," which is the gap between microfinance and commercial banking, especially in pronounced rural areas in Africa. 3) Sends a strong market signal regarding the business case for sustainable and climate friendly agriculture in difficult markets.
Ioxus Project Founded in 2007, Ioxus develops and manufactures ultracapacitors with higher power and energy density than traditional ultracapacitors at lower cost. Its technology and products can be applied across different sectors, including start-stop applications for transportation, pitch control for wind turbines, industrial automation and power tools.  The funds raised will be deployed to expand facilities, develop sales and marketing, and expand product offerings and application portfolio. 1. Amid growing calls to reduce carbon emissions worldwide, developing countries like China have become strong advocates of developing a low carbon economy. This project would contribute to development of the clean technology sector in China and assist the government of China to reduce GHG emissions from buses through cost effective and environmentally responsible solutions. 2. GHG impact is larger by saving 5-12 percent in 90 percent of cars through mild hybrids than by saving 50 percent in 0.1 percent of cars through EVs. 3. This project would enable product transfer to other developing regions, such as Southeast Asia.
CAMIF Project The Central American Mezzanine Infrastructure Fund (CAMIF or the Fund) is being created as a mezzanine fund focused on medium sized infrastructure projects/companies in Central America, Dominican Republic, Mexico and Colombia.   The Fund is designed to invest mainly in one or more of the energy, transportation, utilities and telecom sectors; and to consider other opportunistic investments in infrastructure related sectors such as natural resources, housing, agribusiness and tourism. Infrastructure investment remains among the most important challenges facing Central America. The regions ability to grow, compete, and reduce poverty is constrained by bottlenecks in the power, water, road, ports and rail sectors. Services such as water and energy, which are essential for modern industry and commerce and improve health and social welfare, need to be improved. The infrastructure needs are expected to become even more significant in the context of further regional economic growth and integration. While the public sector still has a large role to play, private sector involvement is required in order to address the infrastructure challenge.  A key challenge facing developers of private or public-private partnership infrastructure projects has been the availability of subordinated debt and/or equity capital which have remained a scarce commodity in Central America. This project will thus address a key constraint to the increasing involvement of the private sector in the development of infrastructure projects in the region. This will free public sector capital to be invested in other priority sectors.  The Funds portfolio companies will benefit from having an investor capable and willing to share its industry and financial expertise as well as to play an active role in strategic development, implementing change, and establishing contacts with partners. The funds participation in these activities would help the client companies to be more competitive both on the regional and international levels.   CAMIF is also expected to impose market discipline on investee projects, leading to better alignment with demand for infrastructure services, more efficient management and lower operating and maintenance cost.
CCLP SocGen The project is for IFC and other development finance institutions, DFIs and commercial banks (Program Participants) to assume a funded  risk participation for up to $250 million in the  trade finance portfolio of the critical agri and energy inputs of Société Générale SA (SocGen, SG or the Bank), structured under IFC Critical Commodities Liquidity Program (CCLP) initiative.  CCPL is a public-private partnership (PPP) initiative that is part of IFCs multi-faceted rapid global financial crisis response. It is a funded program of up to $4 billion that will be mobilized and disbursed in phases to provide IFC with a flexible platform from which to support the extension of liquidity to clients globally. The proposed total IFC investment would be up to $1 billion, which will be leveraged with resources from other DFIs as well as several international banks with an established footprint in emerging markets. Without this support, the risk of disruption in essential commodity flows to Africa is real. The CCLP-Bank facility is expected to have the following specific development impacts: - Increase Liquidity: The Facility will ensure continuing and additional funding to the major agricultural and energy sectors in Emerging Countries, especially in Africa and IDA countries. This Facility will contribute to the Bank maintaining its level of business in commodity finance. Among other things, the Facility will enable traders to purchase from and finance agricultural producers, the mainstay of most economies in Africa, and ensure food security and income for the public at large, but especially to farmers.  - Strong Demonstration Effect by catalyzing other IFIs to Support Agri and Energy Finance: By supporting commodity backed finance and outreach in partnerships with banks, the facility will have a significant demonstration impact on other banks, especially local /regional banks to participate in funding the agricultural and energy sectors.  This would ultimately help increase access to finance for critical economic sectors. -  A steady supply of critically needed refined oil products through regular channels will keep prices in check, remove parallel market incentives, improve affordability for the vulnerable poor and contribute to sustaining local economic activities.
Mapei Project The proposed investment consists of an IFC senior loan of Euro 50 million to Mapei SpA to finance its capital investment program in emerging markets, including facilities in Turkey, Mexico, Egypt, Panama, India, Russian Federation and other emerging countries (the Project). The Mapei Group producers and develops adhesives, sealants, waterproofing agents, concrete additives and other specialty chemicals for the construction industry. The Project is expected to enable transfer of technical and managerial know-how in the specialty chemicals sector, create around 500 jobs and improve competitiveness of local construction industries.
Latin America Enterprise Capital Fund (LAECF) Summary Of Project Information (SPI)       Project Name    Latin America Region- Latin America Enterprise Capital Fund, L.P. (LAECF)              Region    Latin America and Caribbean        Sector       Project No008991   Projected Board DateApril 27, 1998   Company NameLatin America Enterprise Capital Fund, L.P. (LAECF)    Technical Partner and/or Major Shareholders    	The sponsors of the project are the principal executives of the existing Latin America Enterprise Fund in which IFC has made an 8% investment. The core executives have extensive investment and corporate finance experience in Latin America.     Project Cost Including Proposed IFC Investment    	Up to US$125 million, including IFCs investment of up to $10 million for up to 8% of LAECF.  In addition, IFC would have co-investment rights for  up to US$10 million to co-invest with the Fund in selected portfolio companies.    Location of Project and Description of Site    	LAECF will be organized as a Cayman Islands exempted limited partnership, and will be managed by a limited liability Delaware company owned by the working partners of the fund. LAECFs main offices will be located in Miami in order to allow efficient coverage of investment activities throughout Latin America. The principal countries of LAECF activity will be Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela.     Description of Company and Purpose of Project   (include IFCs Role and Development Impact)    	The project involves the establishment of Latin America Enterprise Capital Fund, L.P., an up to US$125 million fund that will mainly make substantial minority equity investments in medium-sized non-listed companies throughout Latin America.     	 Through its involvement, IFC will signal continued strong support for the development of capital markets in the region, and encourage additional investment flows from foreign institutional investors at a time when portfolio investors are cautious in the wake of the Asian crisis. Also, IFCs presence on the Funds Investment Advisory Committee and Advisory Board will enable it to play an important role with respect to the Funds corporate governance.    Environmental Category and Issues    	This is a Financial Intermediary (FI) category project according to IFC''s environmental review procedure.  LAECF will be required to undertake an environmental review of eligible investee companies operations.  In addition, IFC will assess LAECFs capability to carry out environmental reviews of each investee company.         Date SPI sent to InfoShop     March 27, 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
IFC BEST Bond Fund The project involves IFC sponsoring the Build-Back-Better Emerging Markets Social, Sustainability, and Sustainability-linked Transaction Bond Fund (the Fund) with a target size of US$1 - 2 billion, managed by Amundi Asset Management (Amundi or the Asset Manager). The Fund will mobilize international investor funding for investments in social, sustainability, sustainability-linked and green bonds issued by emerging market real sector firms, financial institutions, projects, and sub-sovereigns, where the relevant transactions support COVID-19 relief efforts and/or promote an inclusive and resilient recovery from the pandemic while at the same time consolidating market standards for these nascent asset classes. The Fund will have a capital structure that transforms risk associated with a portfolio of mostly sub-investment grade emerging market bonds into a senior tranche characterized by risk that is well in investment grade territory and a subordinated tranche which provides credit-enhancement for the latter. The project is expected to be supported by IDA19 Private Sector Window Blended Finance Facility as described in the Blended Finance Section. The
main project-level outcome is improved access to private sector capital for
issuers of Sustainable Bonds in EMDEs through mobilization of capital from
institutional investors to specifically invest in Sustainable Bonds issued by
EMDE entities. This is expected to encourage increased issuances of Sustainable
Bonds by EMDE issuers. Beyond this outcome, IFC anticipates the proposed
investment will catalyze change in the market through increased issuance of
Sustainable Bonds in EMDEs and thereby promote greater integration in the
market via innovation, demonstration, and replication channels.
Mahyco Project Maharashtra Hybrid Seed Company Ltd (Mahyco India or the Sponsor) is one of Indias leading seed producers and was the first to introduce hybrid seeds for millets, wheat, sorgrum, maize and sunflower and the first to commercialize insect tolerant cotton in India.     Mahyco Indias subsidiary, Mahyco International Pte Ltd (Mahyco International or the Company) incorporated in Singapore, is the holding company for the Sponsors international operations and owns operating entities that sell cotton seeds in Sub-Saharan Africa (SSA) and rice seeds in Vietnam and Bangladesh.     The Company seeks to invest US$26 million to expand its cotton business in SSA and to expand its rice and eggplant business in Asia (the Project). 1. Farmer Incomes: The Project is expected to improve farmer incomes in SSA through job creation for seedproducing contract farmers, most of whom are smallholders. Farmers in SSA will also benefit from betterquality planting material, which has the potential to significantly increase cotton yields in small holder farmsand reduce losses due to pest attacks, thus increasing farmer income. The Project is also expected to limithealth risks for cotton farmers as the use of insect tolerant seeds reduces the need for pesticides.
2. Food Security: The Company's high quality rice seeds are expected to result in 30-50% yield improvementsfor rice, a critical component of South-East Asian diets thus improving food security and benefiting end consumers.
Cleaner Production Lending Facility The Cleaner Production Lending Facility (CPLF, the Facility) is a proposed three year, US$125 million loan facility to finance Cleaner Production (CP) investments globally among IFC portfolio clients in good standing.  The Facility will build upon and scale up the Cleaner Production Lending Pilot (CPLP), a US$20 million facility approved by IFCs Board in 2007 to promote CP investments among IFC portfolio clients. The scale up is made necessary by the successful utilization of all funding made available under the pilot and strong demand from IFCs clients for continued support in identifying and financing CP projects. 

Like the pilot, CPLF will support investments in energy efficiency, use of renewable energy, recycling, water saving and use of clean tech solutions for IFC clients across a range of sectors and regions. Client demand for the integrated CP loan and advisory services offering developed under CPLP is due to the cost-saving and typical short payback characteristics of CP projects and the opportunity they give clients to improve their competitiveness and green their image. The CPLF will finance these high impact CP projects through a streamlined CP loan process established under the pilot.  A complementary advisory services project will support CP audits for clients (co-funded using donor funds) who require technical support to identify CP projects. 
 
CP is the improvement of operational processes to make more efficient use of inputs such as raw materials, energy and water along a companys value chain. Effective CP interventions: i) reduce resource consumption at the source and hence waste and environmental impact, thus reducing or eliminating the need for costly end-of-pipe solutions; and ii) improve operating efficiencies and reduce operating costs. Many CP projects also reduce CO2 emissions, thus helping to mitigate climate change. The CPLF will focus resources and awareness on financially viable improvements in environmental performance across a range of sectors in IFC client countries. CP projects supported through the Facility are expected to be economically attractive as resource savings outweigh implementation costs. Key expected development impacts includes: i) having a positive climate change mitigation impact, including a reduction of greenhouse gas (GHG) emissions; ii) enhancing the sustainable competitiveness of IFCs private sector clients; iii) supporting technology transfer; and iv) having a demonstration effect. Specific expected environmental benefits and climate change impacts (as relevant for the CP project) will be monitored.
CCFP BTMU Project The proposed project involves establishing an unfunded risk sharing facility with BTMU for a trade and commodity finance portfolio of up to US$200 million (with IFC investment of up to US$100 million) aiming at supporting both agri and energy sectors (Project).  The Project will enable BTMU to continue to fill the gap in financing the commodity trade that keeps critical food and energy supplies available in emerging markets, including IDA countries in Asia. The CCFP-BTMU facility is expected to have the following development impacts:  i) increased access to finance for agriculture globally and energy in IDA countries; ii) demonstration impact on local market development, promote commodities as an asset class, and encourage local /regional banks to participate in funding the agricultural and energy sectors; and reduce poverty by providing access to clean energy for urban and rural poor.
GHIF Project The project being proposed is a US$10mm equity investment in a mezzanine fund, the Global Health Investment Fund, LLC (GHIF or the Fund), sponsored by the Bill and Melinda Gates Foundation. GHIF is seeking to raise approximately US$100mm for the purpose of  improving global health. The Fund would support the development of drugs, vaccines, preventatives, diagnostics and other related technologies aimed at infectious diseases that cause significant morbidity and mortality in developing countries (e.g. neglected infectious diseases), as well as those that provide solutions for maternal, neonatal and child-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) possible replication of the business model and scale-up of the flow of additional funding into late stage development of drugs for neglected diseases;  (ii) millions of patients, and especially those in vulnerable population (children and pregnant women) will benefit from the drugs that will be commercialized through this vehicle;  (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; and (iv) demonstration effect to other charitable foundations that their money could be multiplied and effects of their charitable giving amplified through this funding mechanism, which is expected to bring positive financial return to investors.
GTSF-McCormick This project is proposed under the 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 McCormick & Company (McCormick the Company) for suppliers based in different emerging market countries.
RA Energy Access Fund IFC has been invited to invest in the US$30 million responsAbility Energy Access Fund (the Fund). The proposed open-ended debt fund shall provide working capital loans and in later stages, longer term debt to manufacturers and distributors of energy access products, such as solar devices and solar home systems. IFCs expected investment horizon is up to eight years.  responsAbility Investments AG shall manage the Fund and shall be responsible for all daily operations, including sourcing, administering, making investment decisions and monitoring of loans. Shell Foundation will provide a US$2 million First Loss Tranche to cover initial Fund losses.   This Fund is an important step in spurring growth in the energy access product market which is currently constrained by limited access to working capital financing. This market plays an integral role in boosting shared prosperity for the 1.3 billion people around the world that do not have access to electricity and the 3.1 billion people that lack efficient cooking solutions. In the long-term, the Fund may diversify into other development-related sectors in addition to energy. 1.	Access to Energy: The Fund should enable the 1.3 billion people that are part of the off-grid / lower income populations to access modern energy products which are cost effective power sources (e.g. for lighting, radio or cell phone charging).  2.	Demonstration Impact: This Fund is intended to have a demonstration effect to improve the quality and availability of climate friendly products in a rapidly growing market.  3.	Environmental, Health, and Financial Benefits for lower-income users: Solar lanterns as well as other energy efficient products have a demonstrated benefit with respect to using a renewable energy source (solar) to provide environmentally friendly energy solution. Not only is the alternative, incumbent technology expensive and potentially unhealthy, but it could also be dangerous. For example, thousands of (mostly children) users suffer injuries from the use of kerosene lanterns. Moreover, any reduction of the use of kerosene will also result in a reduction of GHG emissions.  4.	Job Creation and Productivity: The expansion of the energy access market is expected to create local jobs in the distribution supply chain in various countries in Africa, Asia and across other regions. Further, the use of modern solar lighting is linked to improved access and productivity of small businesses.