Development finance institutions are under the microscope in many ways, with experts and advocates asking questions about transparency, additionality, and their role at a time when financial markets seem increasingly interested in environmental, social, and governance investing, including green bonds.
The International Finance Corporation is no exception.
Makhtar Diop, who took the post of IFC managing director about a year ago, has had to contend with many of these questions and a pandemic as he’s sought to chart his path at the organization.