Statement: Civil society groups applaud IFC’s decision to stop investing in fee-charging private schools, call on other investors to follow its lead

Civil society organizations welcome the announcement from the World Bank’s InternationalFinance Corporation (IFC) that it will not resume its investments in K-12 private schools,following the release of an independent evaluation by the World Bank Independent EvaluationGroup (IEG) on the IFC’s investments in this area. In 2020, the IFC instituted a temporary freezeon all direct and indirect investments in for-profit fee-charging […]