devinitorg/iati-policy-markers huggingface dataset:
Schwarz III Lidl, a chain of discount grocery stores owned by the Schwarz Group (the Group or the Company) is implementing a long-term expansion plan in Bulgaria and Croatia and is planning to enter the Serbian market in 2014  by opening new Lidl discount stores (the Project). The Group, one of the largest European food retail discounters, has requested IFC to provide a long-term loan to its Bulgarian, Croatian and Serbian subsidiaries to partially finance the Project. Agribusiness/Food Supply Chain Development: Through its expansion plan in the three countries, Lidl will have a beneficial impact on small to large local suppliers by applying its strict standards in food quality and safety and efficient operations and  providing additional sales channels to local fresh and dry food producers through its Lidl network of stores in Europe.  Benefits to low income consumers in small cities: Thanks to its modern discount format, the Project will contribute to expanding the access of low and middle income population in secondary and tertiary cities to affordable, diverse selection and high quality food products.  Employment generation (direct and indirect): The Project is expected to create significant local direct employment (with a large participation of women, currently at above 60%). The Project has also the potential to generate a significant number of indirect jobs through retail supply chains and related services companies.  Improved Green building standards: In line with its current practices in its existing markets, Lidl plans to be the local leader in energy efficiency by expansion of its building green stores equipped with standard setting green components, with potential demonstrational effect on local green building standards.
ADM CEECAT Recovery Fund IFC is considering an investment in a new recovery fund for Central and Eastern Europe, Central Asia and Turkey (CEECAT), to be called ADM CEECAT Recovery Fund (the Fund). The Fund would invest in single asset recovery situations, targeting small and mid cap companies with liquidity needs that have strong fundamentals and that can survive the crisis. The Fund would extend secured loans to companies in difficulty raising new financing and also obtain equity stakes in the businesses. The investments are to be made after reaching a common understanding with shareholders and other creditors on a recovery plan. Investing in distressed assets with the aim of corporate recovery has a high development impact. Distressed companies that receive liquidity get the opportunity to de-leverage or restructure their balance sheets, induce managerial and operational improvements and become economically viable again. 

ADM Capital views the improvement of corporate governance and transparency of investee companies as a key element in the recovery process, therefore IFCs investment in the Fund will enable IFC to support better management of small and mid cap companies in the ECA region.
EFSE IV Project The European Fund for Southeast Europe ("EFSE", or the "Fund"), promoted by KfW, is a collective debt investment vehicle that channels long term resources for housing finance and on-lending to micro-and-small businesses through banks, specialized microfinance institutions and viable microfinance non-profit organizations. IFC was one of the cornerstone investors at the Funds first closing and has supported the Fund via several rights issues throughout the years. The key development objective of this proposed project is to increase financial inclusion in the Fund''s target countries, with increased focus on providing access to finance for micro and small borrowers. Such micro and small financing would be tracked by the outreach of the envisaged target Partner Lending Institution ("PLI") groups, by sectors, by number of sub-loans and by their average size.  The proposed project is also expected to create a demonstration effect for other investors to promote their finance to MSE''s across the target countries.  Despite the severity of the financial crisis, EFSE has remained an active lender in the MSE segment and has continued to support a large number of institutions in its mandated region.
Bancroft 3, L.P. Bancroft 3, LP (Bancroft 3 or the Fund) is a private equity fund with a target committed capital size of 250 million which will make equity and equity-related investments in mid-sized companies located in Central and Eastern Europe and Central Asia (collectively the Region). The Funds target sectors include industrial goods manufacturing, consumer goods, telecommunications, and financial services. - Growth in employment: The Fund is expected to invest in growth companies that will generate new jobs in the Region  - Implementation of best practice corporate governance in portfolio companies: The Fund will adopt international best practices for corporate governance and management, as well as transparency, thus fostering knowledge and skill transfer, and encouraging best practice across the industry.
Scholz Balkans The project of approximately $120 million is to support operations of Scholz A.G. Germany (Group or the Sponsor) in Croatia, Serbia, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Romania, Montenegro and Albania (referred to as the Balkan countries or the Region) over the next 4 years.  The investment will finance modernization and working capital needs of the Group in the Region. An important aspect of this investment lies in the climate change element related to recovery of resources and creation of scrap as a raw material for steel making out of metal waste.  Production of steel out of scrap significantly reduces CO2 emission and lowers energy and water consumption as compared to the traditional method.  In addition to the environmental impact, metal waste management is vital for growth and sustainability of the Balkan economies, many of which are struggling with high unemployment and with management metal waste.  The Group''s operations and the Project address both issues by providing direct and indirect employment for collecting the waste metal and cleaning up the areas from the wasteAn important aspect of this investment lies in the climate change element related to recovery of resources and creation of scrap as a raw material for steel making out of metal waste.  Production of steel out of scrap significantly reduces CO2 emission and lowers energy and water consumption as compared to the traditional method.  In addition to the environmental impact, metal waste management is vital for growth and sustainability of the Balkan economies, many of which are struggling with high unemployment and with management metal waste.  The Groups operations and the Project address both issues by providing direct and indirect employment for collecting the waste metal and cleaning up the areas from the waste
Evolving Eur I IFC proposes an equity investment of up to 20 million into Evolving Europe Principal Investments I SCSp. (the Fund), managed by Integral Venture Partners Sarl (the Manager). The Fund is targeting to raise 150 million to invest in control-oriented growth equity transactions, or in select cases, minority (or preferred) equity investments with control provisions in small and medium-sized companies (SME) and mid-caps in South Eastern Europe (SEE) in Bulgaria and Romania, in Former Yugoslavia in the countries of Croatia, Kosovo, Montenegro, Serbia, Slovenia, Bosnia & Herzegovina, and North Macedonia as well as in Albania, and in Central and Eastern Europe (CEE) in Hungary, Slovakia and the Czech Republic. The Fund will focus on sectors such as consumer goods and services, healthcare, industrials and TMT. Target ticket size for the Fund is 5-25 million to be invested in 10-12 companies. A delegated authority co-investment envelope for the same amount (up to 20 million) in potential co-investments in the Funds portfolio companies is also being proposed alongside the fund commitment. Expected development impact through:      (i) providing access to private equity capital to SME and mid-cap companies in SEE, ex-Yugoslavia and CEE regions; and      (ii) increased investee growth, through the Managers control-oriented strategy focused on improving operational efficiency and corporate governance.
Archimedes Global Ltd. The proposed project (the Project) supports the development of the health insurance sector in Eastern Europe and Central Asia through: (i) strengthening the capital structure of a regional health insurance player Archimedes Global Ltd. (AGL or the Company); and (ii) supporting AGLs growth throughout the region.  The Project fits well with the IFCs strategy to support insurance companies that have a regional strategy and approach rather than a country level focus; so that markets benefit from economies of scale and replication of best practices.  IFC strategy in healthcare is focused on: (i) direct investments in centers of excellence and networks of clinics; and (ii) wholesale facilities in conjunction with CGF targeting healthcare SMEs. Development of private health insurance is conducive to the growth of private healthcare provision and to better quality, transparency and efficiency of healthcare.   AGLs business strategy is to acquire and/or partner with local players in markets with underdeveloped private health insurance sector (predominantly, in Southern and Southeastern Europe and in former Soviet Union) to capitalize markets growth potential. The Company may invest in greenfield operations in promising markets where no acquisition targets can be identified. AGL is currently active in three countries (Greece, Kazakhstan and Georgia) and requires new capital to:  (i) grow its existing operations and to comply with capital requirements; and (ii) continue acquiring targets in the region.   IFCs investment case is based on the following: (i) Equity upside due to geographic expansion plans to enter health insurance market in Bulgaria, Ukraine and Turkey within the next 12-18 months; (ii) Integrated business model: AGL owns an outpatient clinic in Kazakhstan which allows it to deliver a better-quality health care and control costs at the same time. AGL plans to build a second clinic in Kazakhstan and to replicate this model in other countries. In addition to supporting its core health insurance operations AGL plans to capitalize on expected growth of private health care provision in these markets; (iii) pro-active and professional approach to managing access to care and medical facilities and controlling costs of necessary services and treatment; (iv) strong and committed sponsors; and (v) high developmental impact. Health insurance is a highly developmental sector and one that has been difficult to find viable opportunities for IFC to support The project is expected to: (i) expand the availability of health insurance to under-served populations (project expects to reach 670 thousand insured by 2018 as it expands to other markets (not including Greece); (ii) open 24 clinics in its principal markets; (iii) highlight the potential of this segment of the market to other insurance companies, and the innovative business model required to successfully serve it; (iv) increase financial protection for people requiring health care; (v) promote much-needed transparency of payment in the local health sectors; and  support evidence-based medical practices.
Lydian Intl 3 Lydian International Limiteds (Lydian or the Company) is a junior mining company focused on exploration projects in Eastern Europe and Central Asia. Lydian currently holds licenses for the Amulsar exploration stage property in Armenia and the Drazhnje and Crepulje exploration stage properties in Kosovo. Amulsar is located in central Armenia, approximately 120km south of Yerevan. Drazhnje is located in north-eastern Kosovo, approximately 35km north-east of Pristina. Crepulje is located in north-western Kosovo, approximately 17km west of Mitrovica. Amulsar is a new discovery whereas the Crepulje and Drazhnje projects were previously explored during Yugoslav times. Current and planned future exploration activities mainly comprise continued surface drilling at Amulsar and Crepulje and the opening up and rehabilitation for mapping, sampling and drilling purposes of already existing underground exploration development at Drazhnje. The proposed additional investment by IFC will primarily fund the Company''s activities in Armenia. The proposed IFC investment will contribute to continued exploration and associated feasibility studies for the companys main assets. The direct development impacts during the exploration and feasibility study stage are expected to be small. Because the investment predates any feasibility studies, it is not yet possible to fully quantify or specify the potential development impacts during production stage. Potential development impacts at the mine production stage could include employment, foreign currency generating exports, and taxes and royalties at the federal, regional and local levels.
GED Eastern Fund II The GED Eastern Fund (GED II or the Fund) is a private equity fund investing in later-stage small and medium enterprises primarily in Romania, Bulgaria and neighboring countries. The Funds three anchor investors are Bank Austria Creditanstalt, Instituto de Credito Oficial (ICO) and Caja Madrid.  The Fund is managed by GED Capital Development SA, S.G.E.C.R., a Spanish private equity company.  GED is seeking to establish itself as a leading private equity group in Southern Europe.  Its team will build on the success of the predecessor fund, the 54 million GED Eastern Fund I/Romanian Post-Privatization Fund (GED I), set up as part of an EBRD initiative in 1996. The Fund is expected to have several important development impacts:  - Private sector development:  Similarly to GED I, the Fund will add value to its investee companies, by providing managerial and strategic support to improve their competitiveness and sustainability.  - Support for SMEs:  Many of the Funds investee companies are expected to be SMEs at the time of acquisition.  - Regional integration:  The Fund will support transactions which promote greater integration of companies in the region.  - Adoption of best practice for corporate governance and environmental standards:  The Fund will adopt international best practices for environmental and social risk assessment and management, as well as transparency and corporate governance, thus fostering knowledge and skill transfer, and encouraging best practices across the industry.
DARP SPV EOS II The Project entails setting up a new regional facility in ECA, under IFCs Distressed Assets Recovery Program (DARP), to acquire and resolve secured retail and SME/corporate non-performing loans (NPLs) and distressed real estate assets and real estate owned (REO) assets on the banks balance sheets (Target Assets), together with EOS Holding GmbH or a 100% subsidiary of it (EOS or the Sponsor). This facility will acquire Target Assets both in the primary and secondary distressed assets markets in Bosnia and Herzegovina (BiH), Croatia, Romania and Serbia (Target Markets). The proposed facility will have US$150 million equivalent in EUR in available committed capital, of which IFC will commit US$75 million and EOS will commit US$75 million (DARP NPL EOS II) (the Project). The most significant, expected Project-level outcome is the offloading of secured retail and SME/corporate NPLs and REOs by financial institutions in the Target Markets, which will support their capital position by freeing up capital and increasing liquidity, and reduce large costs associated with the management of these assets. As a result, this will enhance the lending capacity of these financial institutions. In addition, IFC expects that the Project will help normalize secured retail and SME/corporate obligations, allowing individuals and businesses to resume to sustainable business operations and make them creditworthy again. Beyond the Project-level outcomes, IFC anticipates that the Project has the potential to highlight the importance of regional platforms and contribute towards the much needed increased activity in the distressed assets markets, and demonstrate the effectiveness of the NPL resolution regulatory ecosystem in BiH and Serbia to potential international investors.
EMBonds Project EMBonds (the Company) is an early stage company based in London and Istanbul, developing an electronic trading platform for emerging market securities.  EMBonds will allow end-clients to trade directly with each other, in an exchange-like environment with efficient settlement and counterparty risk infrastructure. Developing local capital markets: EMBonds trading platform will increase the liquidity and transparency of the secondary bond markets in developing countries by reducing friction costs and costs in the system to make emerginig market bonds a more attractive asset class. This will enable governments and corporates in developing countries to raise capital in an efficient, deep and transparent market which is critical for developing local capital markets.
CRG AMC Project The project consists of an IFC investment of up to EUR21 million for the capitalization of CRG Capital LLC (CRG) and the acquisition of distressed and other special situation assets in Central and Eastern Europe.  The components of the proposed investment comprise:      - up to EUR1 million equity investment for up to a 19.9% stake in CRG, a holding company for underwriting/servicing of distressed assets in the emerging markets; and    - the remainder of approximately EUR20 million for the acquisition of distressed assets to be held in CRG Capital CEE Special Situations Fund I L.P., the main investment vehicle.  CRGs investment focus will be on distressed, underperforming, and special situation assets. CRG will make investments in equity, equity-related investments and investments in debt and debt-related instruments, with a view to take controlling positions. CRG will seek to invest primarily in middle-market companies. CRG will focus in situations with  financial losses, underperformers not meeting expectations, divestment of non-core assets with restructuring potential, highly leveraged companies with liquidity problems, bankruptcies, forced sales and liquidations, shareholders disputes, end-of-life and non-performing private equity funds, and unsuccessful mergers and expansions. The development impact of the proposed project is expected to be significant in different layers:  Value to distressed companies:      - Putting collateral assets back into productive use, while avoiding liquidations and preserving and creating value for all stakeholders; - Deleveraging balance sheets and restructuring debts to sustainable levels; and - Inducing managerial, operational, and financial improvements, and increasing their competitiveness.  Value to financial markets:    - Providing liquidity and risk capital to the marketplace, which will allow financial institutions to place amount held as collateral back into the system for productive use; - Cleaning banks balance sheets and reallocating resources to productive companies; and - Developing secondary debt markets.  Value to the business environment:    - Accelerating compliance with environmental & accounting standards, corporate governance; - Providing investors with risk mitigation, divestment routes, out-of-court resolution; - Promoting international insolvency standards and creditors'' rights; and - Creating a positive precedent, knowledge and expertise in the currently under-developed asset class in the region.
BlackPeak Southeast Europe Growth Equity Fund SCSp The proposed project consists of an IFC equity commitment of up to 15 million in BlackPeak SEE Growth Equity Fund SCSp (BlackPeak II or the Fund), a closed-end private equity fund domiciled in Luxembourg with a target size of 120 million. The Fund will predominantly invest in small and mid-market growth capital transactions in the Southeast Europe Region (SEE). Project Outcomes:
- Access to private capital: increase in access to private equity capital for small/mid-market companies in SEE.
- Investee growth: Increased investee growth through the Fund Manager's value creation strategies.

Contribution to Market Creation:
- Competitiveness: The project is expected to support a local manager in raising its first regional fund and progressively attracting capital from private institutional investors. The success of the manager could demonstrate the viability of PE growth equity and complement the PE ecosystem in the region.
Rural Development: Rural Development Project in the Eastern ORD Rural Development: Rural Development Project in the Eastern ORD
Credit and Financial Services: Rural Business Development Services Programme The programme aims to contribute to rural poverty reduction by developing the local private sector. This will be achieved by increasing the sustainable access of target groups to business development services, vocational training and technology;  and enhancing the enabling environment for the development of the local rural private sector.The programme's policy objectives are to contribute to policy dialogue on the sustainability of a pro-poor countrywide system of BDS provision, and on the role of the public sector and of public-private partnerships in microenterprise development. The rural finance sector policy objective is to favourably influence the sector to become more conducive to microenterprise development. The rural finance sector institutional objective is for the six microfinance institutions partnering with the programme to create their own, specialized microenterprise financing department. The programme will provide support to BDS providers as well as microenterprise organizations to engage in policy dialogue on issues that they have identified as relevant.
Rural Development: Community-Based Rural Development Project Rural Development: Community-Based Rural Development Project
Irrigation: Programme to Strengthen Smallholder Resilience to Climate Change This programme's development objective is to strengthen the resilience of smallholders living in poverty, particularly women, young persons, persons with disabilities and internally displaced persons.
Rural Development: Rural Microenterprise Support Project Rural Development: Rural Microenterprise Support Project