With support from
STEP Up for Egyptian Industries: Facilitating Egypt’s Transition to a Greener Economy
Motors serve industry in countless crucial ways—powering pumps, fans, and compressors—but also impose costs. The International Energy Agency (IEA) estimates that electric motors account for just over half of global electricity consumption and over 70 percent of industrial electricity use. Energy efficient motors are key to enabling private sector industries to be competitive.
FIAS Supports IFC 3.0 Creating Markets Upstream Agenda
FIAS is committed to supporting IFC's new growth strategy, called “Upstream,” working to create, deepen, and expand markets and imagine, design, and implement investment projects. IFC Advisory Services supported by FIAS are prioritizing new projects designed to prepare low-income countries and fragile states to attract new investment opportunities for IFC and private sector partners.
FIAS-Supported Teams Help Clients Respond to the COVID-19 Pandemic
FIAS-supported projects have responded rapidly to the emerging and evolving COVID-19 crisis by adjusting project activities to address urgent needs. FIAS has leveraged its proven track record in areas hardest hit by the crisis, including agribusiness and tourism, to support an accelerated recovery and help client countries build back stronger.
Supporting Development in FCV Countries
Fragility, conflict, and violence (FCV) is a substantial development challenge that threatens efforts to create sustainable growth and end extreme poverty. IFC Advisory teams supported by FIAS have been expanding their engagement in FCV in line with the World Bank Group's emphasis on this strategic priority.
FIAS Focus on Gender: Women, Business & the Law Reform Advisory in Africa
FIAS is stepping up its efforts in fostering inclusive development and job growth, in line with the Gender and Inclusion cross-cutting theme in the FIAS strategy. FIAS is supporting the World Bank Group's Advisory Assistance Program on Women, Business & the Law Initiative for Africa in partnership with the Norwegian Agency for Development Cooperation (Norad).
Modernizing Senegal's Mango Market
Through the FIAS-supported Senegal Agribusiness Competitive Advisory Project, IFC is working on several fronts to significantly improve the business climate and performance of the mango export sector and foster public-private collaboration.
Investments and Reform Work in Mali
The FIAS-supported Mali Investment Climate 3 project has been working to increase the scope for the private sector to play a stabilizing role in the economy through revitalization of reform momentum, removal of barriers to small and medium enterprise creation, and promotion of private investment.
Our Mission
With the support of Development Partners, the Facility for Investment Climate Advisory Services (FIAS) supports projects and programs implemented by the International Finance Corporation (IFC) that aim to develop dynamic and resilient economies that promote economic inclusion through investment, innovation, job-creation, and higher productivity. Efforts to increase the competitiveness of developing country economies support their increased participation in international markets, produce better jobs, and contribute to the World Bank Group’s mission of ending extreme poverty and boosting shared prosperity on a livable planet and the IFC 3.0 Creating Markets Upstream strategy aimed at stimulating greater private sector investment in emerging markets and developing economies (EMDEs).
Who We Are
The Facility for Investment Climate Advisory Services (FIAS) is a collaboration between 13 development partners and the World Bank Group. As of FY24, the roster of FIAS Development Partners was Australia, Austria, Canada, Denmark, the European Union, France, Ireland, Luxembourg, Netherlands, Norway, Sweden, Switzerland, and the United States, in partnership with the International Bank for Reconstruction and Development (IBRD) and the International Finance Corporation (IFC). FIAS funding supports client-facing and knowledge development projects. IFC oversees and manages the FIAS multi-donor trust fund that allocates support to client-facing projects implemented by IFC Advisory and Upstream Services teams and FIAS-supported global platforms and global knowledge projects implemented by IFC and IBRD teams.
What we do
FIAS-supported work, managed and implemented by IFC, is organized into two strategic pillars. Pillar 1 involves improving the business environment in client countries. Pillar 2 entails expanding market opportunities and increasing firm-level competitiveness. Supporting these pillars are three programmatic themes that serve as guiding priorities across the portfolio: gender and inclusion; green competitiveness; and digitalization. As part of the “one World Bank” theme embodied in the Evolution Roadmap initiative, FIAS prioritizes and tracks IFC projects that involve collaboration with lending and policy initiatives implemented by World Bank colleagues with the International Bank for Reconstruction and Development (IBRD). While some FIAS-supported projects focus on a single pillar, many combine elements of both pillars, and a majority of projects in the FIAS FY22–26 portfolio include components in the gender or climate cross-cutting themes—or both.
OUR DEVELOPMENT PARTNERS
Australia
Austria
Canada
Denmark
Europe
France
Ireland
Luxembourg
Netherlands
Norway
Sweden
Switzerland
