#Biodiversity markets help finance nature conversation but more scalable projects and rigorous impact assessment methods are needed. https://lnkd.in/gJejSwVn
IFC Climate Business & ESG Sustainability
International Trade and Development
Washington, DC 101,520 followers
Advancing climate business and ESG standards in emerging markets
About us
As the largest development finance institution supporting the private sector in emerging markets, IFC is uniquely positioned to build new markets for climate business while ensuring that all of our investments are reviewed against IFC’s environmental, social and corporate governance (ESG) standards. We invest directly in climate-smart solutions such as clean energy, urban infrastructure, climate-smart agribusiness, and green buildings; develop innovative financial products such as green bonds and green loans; and engage public and private sector stakeholders to work together to find sustainable business solutions. The influence of IFC’s ESG standards reaches far beyond its own investments as they are widely adopted by investors, financial intermediaries, regulators and corporations, supporting an estimated $4.5 trillion in investments across emerging markets in the last decade. Websites: • Climate Business – http://ifc.org/climatebusiness • Sustainability – http://ifc.org/sustainability • IFC Environmental and Social Performance Standards – http://ifc.org/performancestandards • Corporate Governance – http://ifc.org/corporategovernance
- Website
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http://ifc.org/sustainability
External link for IFC Climate Business & ESG Sustainability
- Industries
- International Trade and Development
- Company size
- 201-500 employees
- Headquarters
- Washington, DC
Updates
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Governments and development institutions must ensure that the conditions for private sector mobilization are optimal to generate the finance needed to address the #SDGs and the #climate crisis. #Blendedfinance is one viable way to make the leap from mobilization talk to action. Convergence https://lnkd.in/gcXcaJCE
Opinion: For blended finance to work, use strategic leverage ratios
devex.com
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The next UN climate summit will be the first to consider health issues in depth, with a meeting of global health ministers to highlight the consequences of the climate crisis for wellbeing. #COP28 https://lnkd.in/dgedezRW
Next UN climate summit to consider health issues in depth for first time
theguardian.com
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Brazil is in a strong position to give its people a better life while also successfully confronting the threat of climate change, a new The World Bank report released today said. https://lnkd.in/dJsytpvm
Brazil can be both richer and greener: World Bank Group outlines opportunities for climate action and growth
worldbank.org
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UNCTAD calls for a global trade and investment “Blue Deal” to sustainably use the ocean - home to 80 per cent of all life. https://lnkd.in/gKvCzdUj
Countries must forge ‘Global Blue Deal’ to protect the ocean: UNCTAD
news.un.org
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New study: Climate change made a heat wave that struck Western Europe and Northwest Africa in April at least 100 times more likely to occur. https://lnkd.in/gdeTUA_B
Intense heat waves occur primarily because of climate change, study finds
axios.com
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Funding for a global initiative aimed at creating more environmentally friendly and climate-resilient farming has grown to $13 billion, co-leaders the United States and the United Arab Emirates said Monday. That money means the Agriculture Innovation Mission (AIM) for Climate, launched in 2021, now exceeds its $10 billion target for the COP28 climate talks, to be hosted by the UAE in November and December. https://lnkd.in/gwYTgKBB
US, UAE: Climate Farming Fund Has Grown to $13 Billion
voanews.com
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IFC Climate Business & ESG Sustainability reposted this
📷 Snapshots from Harvard Climate Leadership Summit today 📷: IFC - International Finance Corporation’s Global Climate Lead for Infrastructure, Katherine Koh joined a discussion on “Facilitating an Equitable Clean Energy Transition." Along with other panelists, she talked about the opportunities, challenges, and needed actions to expedite the clean energy transition in a way that leaves no one behind. 👏 Great to see an all-women panel on such an important topic 🎉: @Chéri Smith, Founder of Indigenous Energy Initiative; Elizabeth (Liz) Martin Perera, Senior Advisor at US DOE Loan Program Office; and Harvard University’s Alexandra Kassinis and Klara Kuemmerle. #IFCInfrastructure, #CleanEnergy
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Asian Development Bank (ADB) announces a landmark program which could significantly ramp up support for the region in the battle against climate change. https://lnkd.in/gN7dXAV4
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Africa is already impacted by #climatechange and is facing the inevitability of more frequent and severe natural disasters like floods and droughts. Innovation in disaster risk financing is key, and partnerships in this space are critical to help mitigate the impacts of climate extremes. https://lnkd.in/g2rZHc4n
Innovative insurance can help Africa tackle climate impact
weforum.org