Global Environment Fund, a Washington, DC based private equity firm founded in 1990, invests around the world in businesses that provide cost-effective solutions to pressing energy, resource and environmental challenges. GEFâ€™s investments draw upon decades of operating experience in three distinct marketsâ€”US-based companies providing leading environmental and clean energy technologies and services; emerging market businesses in rapidly growing clean energy and environmental services markets; and timberlands in attractive locations in the southern hemisphere. The firm is headquartered outside Washington, D.C., and has local offices in Brazil, India, China, South Africa and other key markets. GEF currently manages approximately one billion dollars in private equity investments for institutional investors including university endowments, foundations, family offices and pension funds.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
Established in 1956, IFC is owned by 184 member countries, a group that collectively determines its policies. IFCâ€™s work in more than 100 developing countries allows companies and financial institutions in emerging markets to create jobs, generate tax revenues, improve corporate governance and environmental performance, and contribute to their local communities.
In fiscal year 2013, IFCâ€™s investments touched an all-time high of nearly $25 billion, leveraging the power of the private sector to create jobs and tackle the worldâ€™s most pressing development challenges.
IFCâ€™s vision is that people should have the opportunity to escape poverty and improve their lives.