News
IFC and Didi Chuxing Partner on Women’s Empowerment, Climate and Financial Inclusion in Emerging Markets
Didi Chuxing ("DiDi"), the world’s leading mobile transportation platform, and IFC, a sister organization of the World Bank and member of the World Bank Group ("WBG") signed a Memorandum of Understanding (MOU) to drive gender equality, digital financial inclusion, green finance and cross-border cooperation in emerging markets.
Under the agreement, DiDi and IFC will explore opportunities to leverage disruptive technologies to:
- Empower women passengers, drivers, employees, and women-owned micro, small and medium enterprises (MSMEs);
- Provide quality financial services to DiDi’s over 21 million drivers and car owners, and over 450 million passengers;
- Promote green finance initiatives to support sustainable and green economic development, including the promotion of electric vehicles and smart city management;
- Support cross-border cooperation leveraging IFC’s tailored products, advisory services and global network of contacts.