Pak. Sugar VC (IFC-600092)

  • Pakistan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.97 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Sep 5, 2019

Disclosed by Bank Apr 9, 2019

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to IFC website, the overall project goal is to improve the economic, social and environmental sustainability of sugarcane supply chains in Pakistan. The overall goal of the Project will be achieved through the following four components:

COMPONENT 1: To increase the productivity, profitability and sustainability of sugarcane production at the farmer level; . The Project’s efforts will focus on developing 15,000 smallholder farmers who will be its ultimate beneficiaries via a farmer development system which will boost the sustainability and efficiency of the sugarcane production of smallholder farmers and ensure the smallholder farmers’ compliance with global sustainability and industry standards.
COMPONENT 2: To implement international compliance standard practices at the farmer and at the sugar mill levels. IFC will support the Client in implementing international standard compliant practices and systems by conducting an assessment of the practices used at the farmer and at the sugar mill levels for their compliance with the requirements of the Bonsucro standard, by identifying the required improvement opportunities, by providing recommendations on how the required improvements should be implemented and by providing guidance and high level support to the Client on implementing the recommended improvements
COMPONENT 3: To improve the sustainability of irrigation techniques through improving the affordability of solar powered pumps for irrigation and increased water use efficiency.
COMPONENT 4: To improve the capacity of sugar mills to support the sustainable development of sugarcane producers

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

It is expected that the Project would achieve the following developmental goals:
1) Introducing sustainable and climate smart sugar cane growing and harvesting practices with 15,000 farmers in partnership with the Client’s sugar mills and other industry stakeholders;
2) Introducing sugar cane growing and processing practices and systems compliant with international standard requirements;
3) Creating a demonstration example on how to modernize and improve the efficiency of sugar cane farming and processing through (i) the introduction of innovative solutions, through (ii) improving farmer access to knowledge, inputs, technology and financing and through (iii) improving the competitive position of Pakistani sugar in export markets

IFC will develop the required systems, competencies and capacity at the level of the Client’s sugar cane extension services team for providing support to farmers and for maintaining international standards in the Client’s sugar mills’ supply chains.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contact information provided at the time of disclosure. 


The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at

How it works

How it works