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DFC: Board of Directors approves $1.6 billion investment for advancement

DFC Board of Directors Approves $1.6 Billion of Investment to Advance Energy Supply, Food Security, Climate Solutions, and Other Key Development Challenges

WASHINGTON – The U.S. International Development Finance Corporation (DFC) Board of Directors this quarter approved 16 new projects totaling $1.6 billion of investment support across equity and investment funds, debt financing, and political risk insurance products.

The approved transactions will focus on the most pressing challenges facing the developing world today, including energy access and security; food security; climate mitigation, adaptation, resilience; and gender equity and financial inclusion. Investments approved this quarter will boost growth and connectivity in priority regions including Eastern Europe and Latin America and across strategic sectors like energy, critical minerals, digital connectivity, and shipping and logistics.

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