Expertise

Climate Business

As part of the World Bank Group, IFC is focusing on solutions that meet our clients where they are and help them realize their development goals. Doing development the right way — smart, high quality, and fiscally responsible — means building resilience into everything we do. Mitigation means smart development that manages emissions responsibly.

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IFC’s focus is on accelerating an inclusive transition to low-carbon, resilient growth that is focused on people and jobs. We are the only global development institution capable of creating bankable climate projects , blending public and private capital to make investments viable, and crafting mechanisms allowing institutional investors to back impactful climate solutions at scale.

Development finance with climate co-benefits helped enable (in active projects as of June 2025):

  • 26.3 million people benefited from enhanced resilience to climate risks
  • 33.9 million people benefited by strengthened food and nutrition security
  • 51.7 million people benefitted from improved access to sustainable transport services
  • 100.5 million tons of carbon emissions equivalent/year were avoided (expected)

At a Glance

In the fiscal year 2025, IFC delivered $8.1 billion in long-term development finance with climate co-benefits through its own account. IFC further mobilized an additional $16.5 billion from other sources, bringing the total to $24.6 billion. 

Areas of Focus


IFC is working to create markets for climate business in emerging markets by investing and mobilizing private capital at scale to achieve long-lasting impact.

Accelerating the Transition

As part of the World Bank Group, IFC is working to accelerate the transition to low-carbon, resilient and inclusive growth.  We focus our efforts on the key systems that together generate more than 90% of global greenhouse-gas emissions, and that also face significant adaptation challenges: energy; agriculture, food, water, and land; cities; transport; and manufacturing.

Mobilizing Climate Finance for Emerging Markets

Emerging economies need nearly $3 trillion annually by 2030 to adapt to the changing climate. The lion's share of this essential funding must come from private sources. IFC is working to create opportunities for investing in green transition in emerging markets.

Paris Alignment

Under the World Bank Group Climate Action Plan (CCAP) 2021-2025, IFC undertook to align 85% of its new investment projects with the objectives of the Paris Agreement starting July 1, 2023, increasing to 100% starting July 1, 2025. In FY25, IFC reached 100 percent Paris Alignment, exceeding the 85 percent target. 

Press Releases

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Insights & Reports

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      MDB joint principles, approaches and reporting:

      Stories of Impact

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      The World Bank Group at COP30

      The World Bank Group focuses on smart development solutions that meet countries where they are and help them realize their development goals, while building resilience to climate change. Find out more about our work at COP30.