AP Platform (IFC-602211)

Regions
  • World
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
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 15, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 933.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 28, 2017

Disclosed by Bank Nov 15, 2017


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Project Description
Main objectives of the Animal Protein Platform will be to help identify and scope opportunities for advisory projects and provide a better understanding of the developmental opportunities with new clients. It will also be a repository of knowledge and a tool to raise IFC profile as a prime provider of advisory services in the sector. The goal of the Platform would be to define a range of standard client issues and, with time, develop a tested toolbox of solutions, and a trusted network of external experts that can work alongside IFC staff to deliver quality service to clients.
People Affected By This Project
The Program will cover advisory services and business development activities with MAS clients in the animal protein space - poultry, dairy, pork, beef and fisheries. Its main goal is to strengthen prospective and portfolio clients' operations and environmental/social performance. It will aim to grow IFC ability to deliver in challenging environments and with unsophisticated sponsors.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
ACCOUNTABILITY MECHANISM OF IFC 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 CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/