Addressing climate change is a strategic priority for IFC and for the World Bank Group as a whole. Through our financing and advisory services, we support private sector investment that brings creative solutions to complex problems.
In the climate change arena, our investments and advisory services support clean, new generation green products, and the greening of manufacturing and service industries, thus reducing our clients' carbon footprint. Many of these activities also bring about operating efficiencies along our clients' value chains, improving their competitiveness.
The business case for climate change investments is being strengthened by the global trend of rising commodity and energy prices. Our clients are also increasingly aware of the advantages to their stakeholders and investors of aligning their company name and brand with the "greening" trend worldwide.
We believe the strength of IFC's $18.3 billion net worth, global focus, local presence, world-class in-house industry expertise, and leadership in environmental best-practice, allows us to help our clients address the challenges and opportunities presented by climate change.
We look to make climate change investments both in traditional manufacturing sectors—such as cement, glass, and metals—and are also scaling up our investments in relatively newer areas such as wind, solar, and "green" buildings and materials. We help look for upstream and downstream climate change investment opportunities along a company's value chain. We target opportunities in:
- Energy efficiency in manufacturing
- Renewable energy use
- Waste reduction and recycling
- Manufacture of clean technology and renewable energy products
- Carbon sequestration
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