There has never been a better time for private firms and the banks that finance them to make profitable investments in sustainable development. IFC’s financial partners are finding success in new climate-smart market segments while their clients reduce risk, lower operating costs, and become more resilient to the impacts of climate change and economic uncertainty.
For high-risk projects with a big climate impact, IFC co-invests concessional funding provided by the Global Environment Facility, the Climate Investment Funds and bilateral sources such as Canada alongside its own funds.
IFC provides research and recommendations to help inform climate change policy and finance developments at the international, national and corporate level. This includes engagement with the G20, United Nations, Organization for Economic Cooperation and Development (OECD), International Energy Agency (IEA), International Chamber of Commerce and World Business Council for Sustainable Development (WBCSD), among others.