International Finance Corporation
Bolormaa Chimednamjil is an investment and project management professional who specialize in sustainable infrastructure, low carbon and green energy investment in developing and emerging markets. Currently she works at IFC, World Bank Group as an operations officer, Global Infrastructure and Natural Resources department. Her major role is to support pipeline development of pre-investment early stage venture and project development in infrastructure sectors including energy. Prior to IFC, she worked at the Global Green Growth Institute (GGGI), a treaty-based organization headquartered in Seoul, South Korea, where she held the positions of Green Investment Officer and Renewable Energy Analyst for the Investment and Policy Solutions Division. There, she worked to strengthen efforts to create bankable project pipeline and mobilize finance for sustainable energy development in Asia and Sub-Saharan Africa regions through leveraging public and private sector solutions, creating markets and promoting green growth. Prior to GGGI she worked at IFC as an investment analyst in Mongolia and Hong Kong offices. Bolormaa has a bachelor’s degree in finance, and a master’s degree in business administration from National University of Mongolia and Virginia International University. She completed professional certificate programs in energy innovation and climate finance from Stanford University and Frankfurt School - UNEP collaborating center.
IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in developing countries. IFC offers long-term financing and industry-leading expertise to develop infrastructure projects that provide essential services—including electricity, telecommunications, transportation, water & and sanitation—in partnership with the private sector. As part of the World Bank Group, IFC also work with governments and development partners to create a business environment that attracts private capital to infrastructure sectors. IFC has decades of experience financing, structuring, and leading complex energy transactions in emerging markets, with more than 50 gigawatts of energy generation financed to date. IFC is the leading financier of low-cost renewable energy— has funded projects with a generation capacity of more than 8 gigawatts in hydropower, 4 gigawatts in wind energy, and 5 gigawatts in solar energy. IFC also finances transmission, distribution, storage, and other energy infrastructure. Drawing from in-house technical expertise, IFC provides advice on engineering, environmental standards, public-private partnerships (PPPs), risk management, and more. It also draw on extensive knowledge of local markets and new technologies and has a successful track record in markets undergoing reform.