[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110319-en":3,"doc-seo-110319-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},110319,4810365810221,"Aurora","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Research & Report","Minutes of a Meeting of the Board of Directors of IFC - September 29, 2022","Minutes record the meeting of the Board of Directors of IFC held on September 29, 2022 at 10:03 a.m. in the Board Room, listing directors, alternates, and participating officers. The Board discussed and approved a President’s Memorandum and Report dated September 16, 2022 and October 7, 2022, authorizing the creation of the Global Food Security Platform and an investment up to US$6 billion, including additional blended finance up to US$1 billion. The meeting adjourned at 12:10 p.m.","Public Disclosure Authorized Public Disclosure Authorized  \nMinutes of a Meeting of the Board of Directors ofIFC held in the Board Room on September 29, 2022, at 10:03 a.m.  \n1. There were present:  \nCHAIR:  \nM. Diop, IFC Managing Director and Executive Vice President  \nDIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS DIRECTORS:  \nM.  \nA.  \nC.  \nK.  \nH.  \nD.  \nE.  \nM.  \nR.  \nL.  \nA.  \nR.  \nA.  \nM.  \nAhmad Bello Coelho Davidse Demircan Favre Gomes Kang Khullar Lind Manuel  \nMarshavin McGee Medina  \nI.  \nR.  \nT.  \nN.  \nK.  \nC.  \nS.  \nH.  \nH.  \nT.  \nT.  \nMenendez Montgomery Nyamadzabo Putscher Rechico Richard Saeed  \nSahnoun Seifeldin Tsuda Zhang  \nOFFICERS AND STAFF PARTICIPATING:  \nB. Zia, Acting Interim Vice President and General Council  \nM. Tembon, Corporate Secretary  \nS. Telma, Director  \nM. Van Nieuwkoop, Global Director  \nA. Gekis, Director  \nA. Williams, Director  \nP. Gopalan, Manager  \nM. Nebe, Sector Manager  \nL. Tran, Principal Operations Officer  \nO. Nagayets, Senior Industry Specialist  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nWorld Region-Investment in Global Food Security Platform  \n2. The Board of Directors ofIFC discussed a President’s Memorandum and Report  \n(IFC/R2022-0283;/1, dated September 16, 2022, and October 7, 2022) and approved creation of the Global Food Security Platform in the World Region and authorized an investment of up to US$6 billion in total comprising US$3 billion for IFC’s own account and up to US$3 billion for the account of participants. An additional amount of up to US$1 billion in blended finance from existing facilities such as the Global Agriculture and Food Security Program, the International Development Association’s Private Sector Windows, and new multilateral and bilateral sources will be needed to support the Global Food Security Platform. IFC Directors adopted Resolution No. IFC2022-0022 .  \nAdjournment  \n3. The meeting adjourned at 12:10 p.m.  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nThe following item(s) have been approved on an Absence-of-Objection Basis or have been authorized to proceed on a streamlined basis between September 28, 2022, and September 29, 2022  \nTHE EXECUTIVE DIRECTORS OF THE BANK AND IDA  \nRepublic of Cameroon-Credit-Local Governance and Resilient Communities Project  \n1. The Executive Directors approved on September 28, 2022 a credit in the amount of EUR 288.5 million (US$300 million equivalent) to the Republic of Cameroon for a Local Governance and Resilient Communities Project on the terms and conditions set out in the President’s Memorandum (IDA/R2022-0364, dated September 9, 2022) . Ms. Chang wished to be recorded as objecting.  \nRepublic of Liberia-Additional Credit-Liberia Institutional Foundations to Improve Services for Health Project  \n2. The Executive Directors approved on September 28, 2022 an additional credit in the amount of US$20 million to Republic of Liberia for the Liberia Institutional Foundations to Improve Service for Health Project on the terms and conditions set out in the President’s Memorandum (IDA/R2022-0363;/2, dated September 9, 2022, and September 20, 2022, respectively) .  \nRepublic of Benin-Credit-Building Resilient and Inclusive Cities-Program-for-Results  \n3. The Executive Directors approved on September 29, 2022 a credit to the Republic of Benin in the amount of EUR195.3 million (US$200 million equivalent) from the IDA Scale-up Window to Benin for a Building Resilient and Inclusive Cities Program-for-Results on the terms and conditions set out in the President’s Memorandum (IDA/R2022-0365, dated September 12, 2022) .  \nRepublic of Mozambique-Additional Grant-Sustainable Rural Eco","cbCaiezOJ3yBzsRT","https://ap.wps.com/l/cbCaiezOJ3yBzsRT","pdf",223644,1,5,"English","en",105,"# Meeting details\n## Attendance and participation\n## Agenda and approvals\n# Adjournment\n# Absence-of-Objection approvals","[{\"question\":\"When and where was the IFC Board of Directors meeting held?\",\"answer\":\"The meeting was held in the Board Room on September 29, 2022, starting at 10:03 a.m.\"},{\"question\":\"What major decision did the Board approve regarding the Global Food Security Platform?\",\"answer\":\"The Board approved creating the Global Food Security Platform and authorized an investment of up to US$6 billion, including up to US$3 billion for IFC’s own account and up to US$3 billion for participants’ accounts.\"},{\"question\":\"How much additional blended finance was expected to support the platform?\",\"answer\":\"An additional amount of up to US$1 billion in blended finance from existing and new sources was needed to support the Global Food Security 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