The partnership is founded on realizing resources that are foundational to more equitable, inclusive, and sustainable global growth.
IFC and Appian partner in a landmark fund
Appian has a partnership with the IFC, a member of World Bank Group, the largest global development institution focused on the private sector in emerging markets.
The Fund is a mining-focused vehicle established exclusively to invest in emerging markets. It will finance mineral development projects across all stages, including construction, production and expansion, fostering lasting economic growth and social benefits in host countries through capacity building, job creation, exports and contributions to fiscal revenues.
Critical minerals and metals are the bedrock of the modern global economy. As the world accelerates its shift toward digital innovation and green energy, these resources are foundational to more equitable, inclusive, and sustainable global growth.
The partnership between IFC and Appian represents IFC’s first collaboration with a private equity investor specializing in mining to develop a dedicated fund.
The Fund has a total capital commitment of up to US$1 billion, with an initial contribution of US$100 million from the IFC and the remaining capital being raised by the IFC Asset Management Company (AMC). It will invest alongside Appian’s existing and successor funds, supporting the development of responsible, high-impact mining projects for commodities essential to energy access, critical industries and future-facing technologies.
All investments will be subject to IFC’s ESG and performance standards, which meet or exceed international best practices in responsible mining.
