IFC’s results-measurement framework enables it to maintain a line of sight between IFC’s objectives and the SDGs. It is designed to document delivery, learning, and accountability in the implementation of strategic priorities. Results feed into the World Bank Group’s corporate scorecards, enabling reporting on outcomes from investment and advisory projects.
Besides project outcomes and effects on market creation, IFC tracks and reports on mobilization of private funds and the adoption of E&S performance standards, both of which contribute to achieving the SDGs:
1) IFC reports the amounts invested from its own capital and the amount mobilized from other investors. Along with other MDBs, IFC reports the amount of capital mobilized from the private sector.
2) IFC measures and monitors investees’ alignment to the SDGs through adoption of IFC’s Performance Standards and Corporate Governance (CG) methodology. The Performance Standards have a line of sight to more than 30 of the SDG targets. These standards and the CG methodology help clients devise solutions that are good for business, good for investors, and good for the environment and communities.
3) IFC’s Global Trade Finance Program (GTFP) facilitates export and import trade transactions through issuing of guarantees to banks.