Empowered : How IFC Clients Are Financing Climate-Friendly Projects

IFC, a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. IFC estimates that the actions required by the 2015 Paris Agreement wil...

Full description

Bibliographic Details
Main Author: INTERNATIONAL FINANCE CORPORATION (IFC)
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/566711642089804748/Empowered-How-IFC-Clients-Are-Financing-Climate-Friendly-Projects
http://hdl.handle.net/10986/37613
id okr-10986-37613
recordtype oai_dc
spelling okr-10986-376132022-06-30T05:10:36Z Empowered : How IFC Clients Are Financing Climate-Friendly Projects INTERNATIONAL FINANCE CORPORATION (IFC) SOLAR POWER WIND ENERGY GREEN INVESTMENT PRIVATE SECTOR GREEN INVESTMENT GREEN ECONOMY EMERGING MARKET GREEN INVESTMENT CLIMATE-RESILIENT NATION ENERGY SELF-SUFFICIENCY GREEN BONDS GREEN FINANCE GREEN COMMERCIAL BANKING CLIMATE-SMART CULTIVATION IFC, a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. IFC estimates that the actions required by the 2015 Paris Agreement will open up about twenty-three trillion in investment opportunities in twenty-one of the largest emerging markets between now and 2030. Most governments lack the capacity to finance the trillions required for their nationally determined contributions (NDCs) to the Paris accords, which is why the private sector including financial institutions has stepped up. Based on IFC’s estimates, about 30 percent of banks’ loan portfolios could be climate-related by 2030, up from 7 percent this day. The stories in this book discuss our Advisory and Investment Services, which help banks to grow, adapt and create markets for climate finance in the countries they serve. This book presents some of the banks that, with IFC’s support, are seizing the market opportunity to make a meaningful contribution to our future. 2022-06-29T18:45:02Z 2022-06-29T18:45:02Z 2019-06 Working Paper http://documents.worldbank.org/curated/en/566711642089804748/Empowered-How-IFC-Clients-Are-Financing-Climate-Friendly-Projects http://hdl.handle.net/10986/37613 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SOLAR POWER
WIND ENERGY
GREEN INVESTMENT
PRIVATE SECTOR GREEN INVESTMENT
GREEN ECONOMY
EMERGING MARKET GREEN INVESTMENT
CLIMATE-RESILIENT NATION
ENERGY SELF-SUFFICIENCY
GREEN BONDS
GREEN FINANCE
GREEN COMMERCIAL BANKING
CLIMATE-SMART CULTIVATION
spellingShingle SOLAR POWER
WIND ENERGY
GREEN INVESTMENT
PRIVATE SECTOR GREEN INVESTMENT
GREEN ECONOMY
EMERGING MARKET GREEN INVESTMENT
CLIMATE-RESILIENT NATION
ENERGY SELF-SUFFICIENCY
GREEN BONDS
GREEN FINANCE
GREEN COMMERCIAL BANKING
CLIMATE-SMART CULTIVATION
INTERNATIONAL FINANCE CORPORATION (IFC)
Empowered : How IFC Clients Are Financing Climate-Friendly Projects
description IFC, a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. IFC estimates that the actions required by the 2015 Paris Agreement will open up about twenty-three trillion in investment opportunities in twenty-one of the largest emerging markets between now and 2030. Most governments lack the capacity to finance the trillions required for their nationally determined contributions (NDCs) to the Paris accords, which is why the private sector including financial institutions has stepped up. Based on IFC’s estimates, about 30 percent of banks’ loan portfolios could be climate-related by 2030, up from 7 percent this day. The stories in this book discuss our Advisory and Investment Services, which help banks to grow, adapt and create markets for climate finance in the countries they serve. This book presents some of the banks that, with IFC’s support, are seizing the market opportunity to make a meaningful contribution to our future.
format Working Paper
author INTERNATIONAL FINANCE CORPORATION (IFC)
author_facet INTERNATIONAL FINANCE CORPORATION (IFC)
author_sort INTERNATIONAL FINANCE CORPORATION (IFC)
title Empowered : How IFC Clients Are Financing Climate-Friendly Projects
title_short Empowered : How IFC Clients Are Financing Climate-Friendly Projects
title_full Empowered : How IFC Clients Are Financing Climate-Friendly Projects
title_fullStr Empowered : How IFC Clients Are Financing Climate-Friendly Projects
title_full_unstemmed Empowered : How IFC Clients Are Financing Climate-Friendly Projects
title_sort empowered : how ifc clients are financing climate-friendly projects
publisher World Bank, Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/566711642089804748/Empowered-How-IFC-Clients-Are-Financing-Climate-Friendly-Projects
http://hdl.handle.net/10986/37613
_version_ 1764487261246717952