
Philippe Le Houérou
Latest Articles
Opinion: Before setting up new climate funds, consolidate existing ones
almost 3 years ago // Climate Finance
There are at least 81 active climate funds and it is unclear how much they commit and disburse, to whom, for what purpose, and to which impact. Available consolidated data points to a very small amount of disbursement. Here's how to change that.
Opinion: The World Bank should become the 'IMF of climate'
over 3 years ago // World Bank
The United Nations should entrust the World Bank Group with a clear mandate on global climate stability by monitoring countries’ commitment to cut greenhouse gas emissions.
Opinion: Civil society is indispensable in driving for impact at IFC
over 5 years ago // Private Sector
Philippe Le Houérou, who steps down as head of the International Finance Corporation on Oct. 1, calls for continued civil society engagement to ensure accountability and the best solutions for local communities.
Opinion: Support women-owned businesses for economic growth in an uncertain world
almost 6 years ago // Entrepreneurship
The current unmet demand for credit among women-owned formal micro SMEs in developing markets is estimated at $1.7 trillion. Philippe Le Houérou, CEO of IFC, shares three steps to help mobilize private capital and partnerships that broaden the role of women as drivers of economic growth.
Opinion: In blended finance, transparency and rigor must rule the day
over 6 years ago // Finance
As of Oct. 1, the International Finance Corporation is publicly disclosing the estimated subsidy for each proposed project — along with a justification. IFC CEO Philippe Le Houérou explains why.
Opinion: Stepping up our game on environment and social issues
over 6 years ago // Sustainable development
International Finance Corporation CEO Philippe Le Houérou unveils his agency's plan for strengthening engagement with local communities and civil society organizations.
Opinion: At IFC, accountability is of utmost importance
almost 7 years ago // World Bank Spring Meetings
International Finance Corporation CEO Philippe Le Houérou ushers in a new era of accountability at IFC — one that "will require more dedicated IFC resources" and "a change in our behavior and culture."
Opinion: A new IFC vision for greening banks in emerging markets
over 7 years ago // World Bank Annual Meetings
IFC CEO Philippe Le Houérou lays out a bold new policy that changes the way the institution lends to banks associated with coal projects — under the condition that they agree to reduce those investments.
Opinion: The Equator Principles just turned 15, we should celebrate their impact
over 7 years ago // Development policy
The Equator Principles have helped facilitate more responsible investments in emerging markets. IFC CEO Philippe Le Houérou details three areas of opportunity to build on their success.
Opinion: Here's how the IFC is working with financial institutions
over 8 years ago // World Bank Annual Meetings
On the first day of the World Bank Annual Meetings, International Finance Corporation CEO Philippe Le Houérou gives an update on how his organization is working with financial institutions.