The International Finance Corporation (IFC), a sister organization of the World Bank, is making a big push in the Asia-Pacific region. The IFC provides financing, advisory and other services to boost private sector development in developing nations and has set a goal of ending extreme poverty and promoting shared prosperity in every country by 2030. The organization operates by aligning multiple stakeholders to a common vision, leveraging innovative financing instruments to reduce project risks, and helping to pioneer private investments. Those approaches are ideal for projects in emerging-economy countries where political and sector risks run high, according to Nena Stoiljkovic, IFC’s vice president for Asia and Pacific. Pulling more private funds to the projects is particularly important in the region, which accounts for 60% of the world’s population but has widespread poverty, she said in a recent interview with Knowledge at Wharton.…