What are the IFC’s criteria for assessing project eligibility?

The correct choice highlights the IFC’s focus on ensuring that projects not only have strong financial prospects but also create meaningful development impacts while adhering to Environmental and Social (E&S) standards.

Financial viability ensures that the project is capable of generating adequate returns to justify investment and sustainability. This criterion is vital, as it reassures investors and stakeholders that the initiative will be economically sound over its lifecycle.

Development impact is crucial for the IFC, which aims to support projects that promote social and economic development, create jobs, and enhance livelihoods in the regions they affect. This criterion aligns with the IFC’s mission to reduce poverty and improve standards of living.

Adherence to E&S standards reflects the IFC’s commitment to sustainable development. This involves evaluating potential environmental and social risks associated with a project to ensure they meet the set standards. Projects that respect these parameters are more likely to be sustainable and beneficial in the long term.

The other choices mention factors that do not align with the IFC’s operational principles. Market monopolization and government approval, for instance, focus on competitive and regulatory factors rather than the core developmental goals of the IFC. Long-term contracts and local community opposition concentrate on contractual aspects and social resistance without addressing the overall project viability or positive impact. Lastly, strict adherence