[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-113071-en":3,"doc-seo-113071-105":29,"detail-sidebar-cat-0-en-105":91},{"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":20,"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},113071,687197100911,"Himbo","https://ap-avatar.wpscdn.com/avatar/a000239b6f1da00475?x-image-process=image/resize,m_fixed,w_180,h_180&k=1782698725881665579",8,"Research & Report","Stepping Up in a Time of Uncertainty - 2022 Annual Report","Stepping Up in a Time of Uncertainty, the IFC 2022 Annual Report, describes how the World Bank Group and IFC intensified support amid compounding crises, including the COVID-19 pandemic and the war in Ukraine. It outlines record financing commitments, focuses on health and vaccine procurement, and addresses spillover risks to trade, investment, confidence, and financial stability. The report also highlights board-approved initiatives, partnerships with donors and stakeholders, and priorities tied to poverty reduction, shared prosperity, and a greener, more inclusive recovery.","ure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \nSTEPPING UP  \nINA TIME OF UNCERTAINTY  \n2022 ANNUAL REPORT  \n2  \n4  \n6  \n9  \n10  \n12  \n16  \n50  \n52  \n54  \n56  \nCONTENTS  \nLetter from the IFC Board  \nLetter from David Malpass, World Bank Group President Letter from Makhtar Diop, IFC Managing Director Our Management Team  \nRESULTS  \nWorld Bank Group 2022 Summary Results IFC 2022 Year in Review  \nSTRATEGY INACTION  \nStepping Up in a Time of Uncertainty  \nCRITICAL FUNCTIONS  \nMeasuring Up  \nSustainability Accountability and Oversight Diversity, Equity, and Inclusion  \nAdditional information is available on IFC’s Annual [Report 2022 website: www.ifc.org/AnnualReport](Report 2022 website: www.ifc.org/AnnualReport).  \nCover (Vietnam): Stepping Up in a Time of Uncertainty tells the story of IFC’s determined effort to move forward, with urgency, despite mounting challenges worldwide.  \nABOUT IFC  \nIFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.  \nIn fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit [www.ifc.org](www.ifc.org).  \nIFC ANNUAL REPORT 2022 1  \nIFC BOARD  \nLETTER FROM THE IFC BOARD  \nOver the last year, our shareholders asked the World Bank Group to provide exceptional support in response to the compounding crises of the COVID-19 pandemic and the war in Ukraine, in addition to its ongoing and extensive portfolio of work. This resulted in unprecedented levels of financing by the World Bank Group in fiscal 2022, including $70.8 billion by IBRD and IDA,$32.8 billion (including mobilization) by IFC, and $4.9 billion in guarantees by MIGA.  \nBy financing health operations, vaccine procurement, and other initiatives, the Bank Group has helped developing countries and their people and businesses continue to address the impacts of the pandemic on poverty, health care, human and economic development, and well-being. The Bank Group has also rapidly addressed the far-reaching consequences of anew crisis, the war in Ukraine. The spillover effects are many—beyond the impacts related to refugees, food security, and energy, the conflict poses uncertain and potentially lasting consequences on trade channels, foreign investment, global confidence, and financial stress. Anchored by the Bank Group’s twin goals of poverty reduction and shared prosperity, with a focus on fostering green, resilient, and inclusive development, the Board discussed and approved several important initiatives and programs to respond to these crises.  \nBut the needs are many, and more can be done. The Bank Group is working with donor countries to mobilize financial support through diverse channels, including the Fund for Pandemic Prevention, Preparedness, and Response, as well as special guarantees and grant financing for Ukraine. The Bank Group is also working with stakeholders on the ground to implement important programs, such as the World Bank Group Climate Change Action Plan (CCAP), IFC’s Global Health Platform, MIGA’s Fast-Track COVID-19 Response Program and the Bank’s COVID-19 Strategic Preparedness and Response Program, as well as efforts to address debt vulnerabilities, boost the resilience of food systems, and support energy access and transition. We continue to stress the need to address the key drivers of fragility and poverty—in Afghanistan, Haiti, Sudan, Yemen and elsewhere—in order to build human capital, reduce inequality, promote jobs, and foster economic recovery.  \nGiven the immense need for financing, the I","cbCaifuT06Ol2BjP","https://ap.wps.com/l/cbCaifuT06Ol2BjP","pdf",5355605,1,83,"English","en",105,"# Letter from the IFC Board\n## Letter from David Malpass, World Bank Group President\n## Letter from Makhtar Diop, IFC Managing Director\n# Our Management Team\n# Results\n## World Bank Group 2022 Summary Results\n## IFC 2022 Year in Review\n# Strategy in Action\n## Stepping Up in a Time of Uncertainty\n# Critical Functions\n## Measuring Up\n## Sustainability\n## Accountability and Oversight\n## Diversity, Equity, and Inclusion","[{\"question\":\"What challenges does IFC address in its 2022 annual report narrative?\",\"answer\":\"The report focuses on compounding crises, especially the COVID-19 pandemic and the war 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