IFC’s green bonds offer investors an opportunity to finance projects that help the private sector address climate change through climate-smart investments and innovative financing in emerging markets.
IFC focuses on helping the private sector address climate change through investments and innovative financing. The World Bank Group recently set an ambitious target to devote 45 percent of our annual financing to climate by 2025. This financing will focus on reducing the trajectory of emissions and strengthening adaptation and resilience in developing countries.
Since 2005 - when IFC started to track climate-smart components of its investments and advisory services - IFC has made significant efforts to mainstream climate into its operations. In fiscal year 2025, IFC delivered $25.7 billion in climate finance.
In 2010, IFC launched the Green Bond Program to help catalyze the market and unlock investment for private sector projects that support renewable energy, clean transportation, solar, hydro and energy efficiency. Funds raised through green bonds help finance sustainable, climate-smart projects with a positive environmental impact.
IFC’s Green Bond Framework supports financing for projects that contribute to or enable climate change mitigation, climate adaptation and resilience, biodiversity and natural resource conservation, ocean and water protection, and the transition to a circular economy. The framework has been independently assessed by S&P Global Ratings, which confirmed its alignment with the Green Bond Principles and assigned it a Medium Green rating.
For more information on the 2026 framework update, see the Investor FAQ.
IFC Cumulative Green Bond Issuance (as of June 30, 2025)
$14.9 billion
in volume
214
in bonds and taps
21
currencies
Impact Reports
FY 2025: Green and Social Bond Impact Report
FY2024 Green and Social Bond Impact Report
FY2023 Green and Social Bond Impact Report
FY2022 Green and Social Bond Impact Report
FY2021 Green Bond Impact Report
FY2020 Green Bond Impact Report
FY2019 Green Bond Impact Report
FY2018 Green Bond Impact Report
Last updated: July 2026