The International Finance Corporation (IFC), alongside its partners and clients, convened in São Paulo last week to formalize and celebrate a series of investments expected to support over $8 billion in total investment, IFC announced. Together with its partners, IFC has mandated, approved, or committed more than $750 million for energy, nature, forestry, water, resilience, agriculture, and sustainable finance. These investments support countries’ smart development goals and highlight the role of private sector engagement and private capital mobilization.
Among the initiatives is $600 million in debt financing. IFC committed a $60 million loan to Jalles Machado, a leading Brazilian producer of organic sugar, ethanol, and bioenergy with a focus on sustainable and innovative agriculture. The financing will support the use of diversified sugarcane varieties, including drought- and pest-resistant seedlings, that will improve productivity and climate resilience in the Usina Santa Vitoria plantations. It will also support soil restoration and precision agriculture initiatives and improve water-use efficiency, strengthening IFC’s partnership with Jalles, an IFC client since 2017.
IFC committed $90 million as an anchor investor in a $600 million equivalent local currency offshore green bond issued on November 5, 2025, by the Municipality of Bogotá—the first of its kind from a Latin American city. The bond proceeds will support urban mobility projects, including Metro Line 2. The initiatives also included $170 million in equity investments.
AXA IM Alts has closed to date over $560 million in its natural capital strategy, where IFC committed a $25 million equity investment, in addition to commitments from other investors such as DEG and Proparco. The strategy focuses on financing companies and projects looking to address the drivers of deforestation, restore ecosystems in degraded areas and improve conservation efforts, quantified through the issuance of high-integrity carbon credits, complemented with environmental and social co-benefits.
These landmark agreements, and others to be individually announced in the coming weeks, show how private sector partnerships can drive progress. By mobilizing capital for smart development, IFC and its partners are helping clients to build resilience, manage emissions responsibly, and foster long-term growth and job creation in emerging markets. The São Paulo gathering reinforced the implementation focus in Belém and demonstrated concrete commitments from both public and private sector actors.
