Urgent action is needed to mobilize, redirect and unlock trillions of dollars of private resources to ensure global growth and shared prosperity. Since 1956, the International Finance Corporation (IFC), the World Bank Group’s member focused exclusively on the private sector, leveraged $2.5 billion in paid-in capital from its shareholders to invest over a trillion dollars for
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Together with the IMF and other multilateral development banks, the World Bank Group coined the phrase "Billions to Trillions" to illustrate the scale of the global development challenge. Given the enormity of the task ahead, we need to break it down and identify what is already working and where we need to improve.
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The Billions in CRE Financing That the 2018 Hurricane Season Has Put at Risk Florence and Michael, the season’s two most destructive hurricanes, not only caused death and devastation across the Southeast, but also put billions of dollars in commercial real estate financing in the Carolinas and Florida at risk.
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