International Finance Corporation Additionality in Middle-Income Countries: An Independent Evaluation
World Bank Group — Independent Evaluation Group (IEG)
Multilateral institutions
International Finance Corporation
ShareholderInternational · Developing and emerging economies
The World Bank Group's private-sector institution. The UK owns a minority stake and uses its governance voice to shape IFC's development priorities.
- UK ownership or participation
- 4.88% of subscriptions · 30 Jun 2026
- Lead department or body
- Foreign, Commonwealth & Development Office
- UK voting rights
- 4.63% · 30 Jun 2026
- Mandate
- Private-sector investment, lending, mobilisation and advice.
UK financial position
UK shareholding carrying value£1.564bn31 Mar 2026
FCDO accounting valuation; not cash contributed.
Underlying source ↗UK capital subscriptionUS$1.184bn30 Jun 2026
Nominal subscription in the official country table; distinct from accounting valuation.
Underlying source ↗Accounting values, paid-in capital and funding commitments have different meanings and reporting dates. These figures are not added together.
Ownership and accountability
FCDO manages the UK financial interest. The UK has its own Executive Director office at the World Bank Group; institutional decisions are made through the multilateral boards.
Parent / group: World Bank Group; each entity has a separate UK financial relationship
Research hub
6 publications relevant to IFC · Institution-specific research shown first
Are MDBs Actually Implementing Reforms?
Center for Global Development
A Focused Assessment of the International Development Association’s Private Sector Window: An Update to the Independent Evaluation Group’s 2021 Early-Stage Assessment
World Bank Group — Independent Evaluation Group (IEG)
News and announcements
View in News and announcements →- UK sets priorities for World Bank lending, investment and guarantees ↗
The UK Governors' statement urges changes to capital adequacy assessment and greater coordination across development banks. The UK called for IFC's private-capital mobilisation to retain a focus on market-building and poorer and fragile countries. The UK Governors' statement supports expanded guarantees and welcomes the World Bank Group Guarantee Platform.
View IBRD profile → · View MIGA profile →