in 1944 to help with the reconstruction of europe and japan, then developing countries in the '50s, ifc which is our private sector arm, private sector profit-making arm. then ida for the poorest which came up in the '60s. so my thought was in a way we need something to further support and sort of fund civil society working on these social accountability issues. now, this is not a slam-dunk because you know, again, if you believe in the separation of state and civil society, i'm always a little wary of public financing or government financing of groups because do they maintain their independence so working with interaction and others we spent time talking to groups about how can we do this in a way that helps fund and contribute to better societies and accountability, maintains independence, has high standards, and that's what we're launching. and it also is the subject of some sensitivity with our board of directors, 25 members covering these 188 countries because they're worried, well, you know, are we creating and sponsoring groups that are going to attack the government. that isn't

. >> reporter: my ifc has gone international or something. >> so steve's ifb, the thing he's listeningo, has gone to another cnn network, which is cnn international. i'll tell you where this is. i used to live in chicago. this is what they call the south loop. it's right downtown. mccormick place is where they're holding the summit. mccormick place is a huge convention venue, trade shows, whatever. it is enormous. it's as big as more than probably ten football fields. it's a giant place where they're holding these things. this is probably, oh, another half a mile, maybe a mile away from where they're having that summit, and this is cermak and michigan avenue. so if you are able to see the camera pan over, it would pan right over to lake michigan, and mccormick place is on lake michigan. just to give you an idea of where all of this is happening, and it's in the shadow of downtown, as you call it. it's not down where you see all the big buildings but it's down where the business is and city hall is not far if you go west a little bit. let's try paul buchanan again. paul -- let's try ted