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International Finance Corporation (IFC) Impact Investing Challenge 2024

6 months ago

by:

Kenny
International Finance Corporation (IFC) Impact Investing Challenge 2024

Unveiling the Opportunity: The 2024 IFC Impact Investing Challenge

The International Finance Corporation (IFC) proudly announces its esteemed 2024 Impact Investing Challenge, a distinguished platform for graduate students worldwide to showcase their prowess in impact investing. As a vanguard in the field, the IFC provides an exceptional opportunity for participants to work closely with its experts and propose groundbreaking solutions to its top executives. This initiative stands as the epitome of practical experience in impact investing, having attracted over 150 teams from prestigious institutions globally in past editions, with themes ranging from “Just and Green Recovery” to “MSME Financing.”

This year’s theme, the Gender-Climate Nexus, seeks to explore the intricate link between climate action and gender equality. The challenge calls for innovative proposals that address the disproportionate effects of climate change on women and underrepresented communities. Participants are encouraged to design a debt or equity fund that not only mitigates these disparities but also leverages the green economy to empower women in the developing world.

Why Participate in the IFC Impact Investing Challenge?

Joining the IFC Impact Investing Challenge opens a gateway to invaluable experiences and benefits, including:

  • Hands-on exposure to the world of impact investing under the guidance of the world’s leading development institution focused on the private sector in emerging markets.
  • An international platform to present your innovative solutions with the potential to make a substantial impact.
  • Exclusive access to masterclasses and training sessions on impact investing, impact management, and key soft skills led by IFC professionals.
  • An opportunity to pitch your ideas directly to the IFC’s senior leadership in Washington, D.C., and network with IFC management.
  • A chance to win a two-month paid fellowship at the IFC, working on actual investment deals.
  • Career-enhancing exposure, an enhanced CV, and the prestigious title of IFC Impact Investing Challenge Winner.

Eligibility and How to Apply

The challenge is open to graduate students from IFC member countries, excluding current World Bank Group employees and their immediate relatives. The selection process includes a proposal submission by April 15, 2024, followed by a series of masterclasses, a detailed proposal submission, and the announcement of finalists leading up to the grand finale in early June 2024.

To apply, visit the International Finance Corporation site on forms.office.com and submit your initial proposal, including a video presentation (no longer than 3 minutes) and a presentation deck, by the deadline. Participants will benefit from a series of masterclasses and training, with shortlisted teams invited to submit a detailed proposal.

For a unique chance to merge academic insights with real-world impact investing practice, the IFC Impact Investing Challenge 2024 awaits your innovative solutions. For more information, please visit the IFC website.

About the Author

Kenny is a passionate writer and avid traveler with a knack for uncovering hidden gems and sharing insightful educational information. As an author at KeepsWiki, he combines his love for exploration and learning to bring readers captivating stories and practical guides.

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