IFC has won the best investment project award for its China Utility-Based Energy Efficiency Finance (CHUEE) Program, which has generated loans worth $783 million through its partner banks and cut more than 18 million tons of greenhouse-gas emissions
IFC launched a 500 million yuan ($80 million) financing and advisory program with Bank of Shanghai to support energy efficiency projects in China, the latest step in IFC’s global effort to combat climate change by steering bank lending to environme
IFC signed an investment agreement last week with Mongolia’s TenGer Financial Group and two advisory agreements with its flagship subsidiary, XacBank, to expand financing to more women businesses and sustainable-energy projects.
The CHUEE Program is a successful, innovative market-based solution to China's energy and environmental challenges. The program enables key players to collaborate in creating a sustainable financing model to reduce greenhouse-gas emissions and promote cleaner production. Learn more....