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 climate-smart development goals. Doing development the right way —fiscally sound, efficient, and built to last — means building resilience into everything we do. It also means investing in low-cost, efficient solutions that manage emissions responsibly.

Select a Region Sub navigation page selecting option, jump to that section

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 helped enable (in active projects as of June 2026):

  • 46.9 million people benefited from enhanced resilience to climate risks
  • 44.1 million people benefited by strengthened food and nutrition security
  • 68.2 million people benefited from improved access to sustainable transport services
  • 150.8 million tons of carbon emissions equivalent/year were avoided (expected)

At a Glance

In the fiscal year 2026, IFC delivered $9.2 billion in long-term development finance with climate co-benefits through its own account. IFC further mobilized an additional $27.2 billion from other sources, bringing the total to $36.4 billion.  Separately, IFC reported $32.8 billion in private capital mobilization (PCM) associated with climate co-benefits.

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 Change Action Plan (CCAP) 2021–2025, IFC committed to aligning 85 percent of its new investment projects with the goals of the Paris Agreement starting July 1, 2023, increasing to 100 percent from July 1, 2025. In FY2026, 100 percent of IFC’s new eligible investments were assessed as Paris-aligned, in accordance with the applicable Joint MDB Methodological Principles for Assessment of Paris Agreement Alignment.

Press Releases

More press releases

Insights & Reports

More publications

      MDB joint principles, approaches and reporting:

      Stories of Impact

      More stories

      The World Bank Group at COP31

      The World Bank Group is attending the 31st Conference of the Parties (COP31) in Antalya, Türkiye, from 9 to 20 November 2026.  As countries seek to accelerate implementation of their climate and development priorities, the World Bank Group is helping turn ambition into results through financing, knowledge, guarantees, and private capital mobilization. At COP31, we will showcase how climate-smart development can create jobs, strengthen resilience, improve energy, water and food security, and support long-term growth, demonstrating that development and climate action go hand in hand.