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View all search resultsInternational Finance Corporation (IFC), the World Bank Group’s private sector arm, has urged Indonesia to prioritize the growth of more productive, higher-value businesses through regulatory reforms.
Favorable geographic and economic features, if utilized properly, can give Indonesia a competitive edge in the region as the country vies for investment at a time of global uncertainty, says the International Finance Corporation.
A December 2019 report by the IFC shows that Indonesia has made strides in green development and relevant regulations, but the Green Building Council Indonesia (GBCI) cautions that demand is needed to drive further progress in the sector.
The World Bank's private-sector arm, the International Finance Corporation (IFC), has been quietly funding some of Indonesia’s most destructive coal mining companies despite its 2013 virtual ban on coal financing, a report says.
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