📋 Tender Overview
Project Number
608772
Primary Business Area
Other
Disclosure Date
Jan 24, 2025
Country
World Region
Region
Global
IFC Approval Date
Jan 13, 2025
Status
Active
Estimated Total Budget
$3,900,000.00
(Project budget includes all project-funded activities)
Last Updated Date
Project Estimated Start Date
Dec 31, 2024
Project Estimated End Date
Dec 31, 2028
Project Description
MALENA (machine learning ESG analyst) is the World Bank’s first AI as a Service. MALENA comprises a suite of AI-powered solutions designed to support ESG due diligence in EMDEs and trained in-house using IFC’s extensive sustainability data and expertise. IFC publicly released a free version of MALENA for all EMDE stakeholders such as asset managers, investors and regulators in December 2023