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    • 2014 annual meetings of the World Bank Group

    As IFC invests more in fragile states, CSOs and NGOs seek a role

    As the International Finance Corp. ramps up its investment in fragile states, civil society and NGOs wonder where they can fit into the equation — and even co-invest. One way NGOs can help out is through procurement.

    By Jeff Tyson // 10 October 2014

    As the International Finance Corp. — the World Bank’s private sector lending arm — is boosting its investments in fragile states, civil society leaders wonder if they can play a role to enhance the effectiveness of these funds.

    During a panel discussion at the Civil Society Forum at the World Bank annual meetings in Washington D.C., a representative from Dutch aid group Cordaid announced they will soon be signing up as a co-investor in one of the IFC investment funds in West Africa. The official asked the panelists how Cordaid — an organization with extensive experience working in fragile states — can help to speed up IFC understanding of fragile contexts so the money is well-spent.

    One way nongovernmental organizations can play a role in aid effectiveness in fragile states is through procurement, noted Monica Stephen, head of international institutions at British NGO International Alert.

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    About the author

    • Jeff Tyson

      Jeff Tyson@jtyson21

      Jeff is a former global development reporter for Devex. Based in Washington, D.C., he covers multilateral affairs, U.S. aid, and international development trends. He has worked with human rights organizations in both Senegal and the U.S., and prior to joining Devex worked as a production assistant at National Public Radio. He holds a master's degree in journalism from Columbia University and a bachelor’s degree in international relations and French from the University of Rochester.

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