While some people already know about SIFEM and its activities, many are not yet familiar with the role and mission of this public company. Why do we need SIFEM? How does it operate? Who are its partners? A short video has been produced to provide answers to these and other questions.
The publication of this video comes only weeks after SIFEM marked its 10-year anniversary on 17 August. However, due to the ongoing Coronavirus pandemic, SIFEM has not yet been able to celebrate this anniversary properly.
Jörg Frieden, SIFEM Chairman, said that “a critical assessment of the past ten years of SIFEM’s existence is yet to take place. For now, I am pleased to say that SIFEM has been able to achieve many developmental and financial targets during its first decade. However, the job is far from over and the challenges remain immense. In the face of an unprecedented crisis, a very volatile global context, and the acceleration of climate change, we need SIFEM and other Development Finance Institutions more than ever.”