Tag: International Finance Corporation
European financial institutions are grappling with significant climate-related risks, leading to substantial financial losses and regulatory pressures. To address these challenges, the International Finance Corporation (IFC) has launched a groundbreaking...
The International Finance Corporation (IFC) and Citi have unveiled a $2 billion program to bolster sustainable supply chain finance in emerging markets. The initiative, starting with a $500 million facility...
BBVA achieved a new milestone in sustainable business, channeling €26 billion in the second quarter of 2024. This marks a record for the Group, contributing to a total of €46...
The International Finance Corporation (IFC) and Ayala Land Inc. (ALI) are joining forces to advance green development in the Philippines through the first sustainability-linked financing package. This initiative supports ALI’s...
A new IFC investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and Africa, helping support job creation, foster GDP growth and...
IFC, the private sector arm of the World Bank, signed an agreement with the government of Switzerland to begin the second phase of the Sustainable Cities program, which supports green...
To support the development of certified green buildings in South Africa, IFC announced a partnership with Absa Bank Limited to help the bank expand its residential and commercial loans and...
IFC is joining forces with the Banking Association South Africa (BASA) to help increase climate finance in the country and pave the way for a transition to a low carbon...
To improve the quality of infrastructure at Cabo Verde’s seven airports, and help them reduce greenhouse gas emissions, IFC announced a sustainability-linked financing package for Cabo Verde Airports SA, a...
A landmark new investment by IFC is aiming to boost access to finance for Türkiye’s SMEs–with a focus on women-owned smaller businesses and those helping the country adapt to climate...
A targeted IFC investment aims to increase access to residential mortgages in Romania while helping mitigate climate change and strengthen the country’s banking sector. IFC is providing EUR 100 million...
IFC announced the appointment of Mary Porter Peschka as its new Regional Director for Eastern Africa. Peschka, who brings more than 30 years of global investment and development expertise to...
The International Finance Corporation (IFC), a member of the World Bank Group, announced the signing of a green and sustainability-linked loan to ENGIE Energía Chile. This financing, for a total...
IFC and First Balfour, a leading engineering and construction company in the Philippines, have agreed to collaborate to ramp up efforts to decarbonize the transport sector, supporting the country’s climate...
Under an agreement announced, the International Finance Corporation (IFC), will invest up to $500 million in PT Bank BTPN Tbk, comprising a social bond and a green bond issuance. The...
Annual clean energy investments in emerging and developing economies will need to more than triple from USD 770 billion in 2022 to as much as USD 2.8 trillion by the...
BBVA and IFC, a member of the World Bank Group, announced the launch of Colombia’s first blue bond at the 2023 Banking Convention in Cartagena. The first tranche is for $50...
To protect Thailand’s blue economy and scale up financing for green projects, IFC is subscribing to a $400-million green and blue bond issued by Bank of Ayudhya Public Company Limited...
IFC announced an equity investment of $20 million in Boston Metal to support commercialization of the startup’s breakthrough technology aimed at eliminating carbon dioxide emissions from steel production. IFC’s investment...
To help build a robust EV value chain in Europe while generating hundreds of jobs in Poland, IFC is partnering with SK Hi-Tech Battery Materials Poland sp. z o.o. (SK...
IFC and Iberdrola launched a new joint effort to promote the transition to clean and more efficient energy in several emerging markets, which includes a new IFC green and sustainability-linked...
To support the decarbonization of Senegal’s industrial sector, IFC announced a partnership with Sococim Industries, Senegal’s largest integrated cement manufacturer, which will boost low-carbon cement production, create jobs, and help...
The funding will allow AGGF to broaden its financing for climate-friendly projects in Africa The AfricaGoGreen Fund has made headlines with the announcement of its successful second fundraising close, securing...
The International Finance Corporation, Cultivo, Aspiration, and Chia Network, announced the launch of the Carbon Opportunities Fund, a global investment platform that will raise private capital for an innovative model...
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