IFC announced the launch of MCPP One Planet at COP26 in 2021 to scale up the mobilization of private capital into sustainable investments in the world's poorest countries.
MCPP One Planet creates the world’s first cross-sectoral portfolio of emerging-market loans aligned with the Paris Agreement. It is the first vehicle to enable institutional investors to directly provide capital for 100% Paris-aligned lending. The new program builds upon the successful model of the IFC Managed Co-Lending Portfolio Program, which since 2013 has raised more than $11 billion for direct lending to private firms across more than 50 developing economies.
MCPP One Planet combines institutional investor contributions with IFC’s own funds to expand availability of climate-responsible financing for private companies on the front lines of climate change. IFC shares enhanced impact reporting, based on indicators tracked in the IFC Anticipated Impact Monitoring and Management system, as well as project mappings to the Sustainable Development Goals, with MCPP One Planet investors. This allows them to tangibly demonstrate their contributions to the Paris Agreement, as well as assist in meeting their latest disclosure regulations.