IFC
$8 trillion opportunity in sustainable cooling solutions for developing economies, says IFC and UNEP report
The cooling market in developing economies is expected to grow from around $300 billion to at least $600 billion, per year by 2050, according to a report released on Wednesday by the UN Environment Program (UNEP)-led Cool Coalition and International Finance Corporation (IFC).
September 27, 2024
IFC invests $100M in sustainability-linked bond issued by Central Pattana in Thailand
As part of efforts to accelerate the green transition in Thailand, International Finance Corporation (IFC) is investing 3.48 billion Thai baht ($100 million) in a sustainability-linked bond (SLB) issued by Central Pattana Public Company Limited (CPN), one of the leading retail-property developers in the country.
September 25, 2024
IFC and the Carbon Trust join forces to cut emissions in emerging markets
In a move to help more companies decarbonize operations and reduce emissions along their supply chains, the International Finance Corporation (IFC), a member of the World Bank Group, and the Carbon Trust have agreed on a plan to work together to promote decarbonization strategies for companies in emerging markets and accelerate investments in green…
September 19, 2024
IFC issues $243M green bond to promote blue finance in emerging markets
The International Finance Corporation (IFC) has issued a green bond designed to promote ocean-friendly projects and improve access to clean water and sanitation in emerging markets.
September 13, 2024
IFC provides $60M green financing to Indonesia’s Gunung Raja Paksi to boost decarbonization
World Bank's International Finance Corporation (IFC) has inked deal to provide $60 million green financing to Indonesian steel producer Gunung Raja Paksi (GRP).
September 6, 2024
IFC invests $50M in gender-inclusive social bond issued by Thailand’s Muangthai Capital
To expand financial inclusion in Thailand for women microentrepreneurs, the International Finance Corporation (IFC) has on Monday announced a $50 million investment in a gender-inclusive social bond issued by Muangthai Capital Public Company Limited (MTC), one of the leading listed non-banking financial institutions (NBFIs) in the country.
August 28, 2024
News,Philippines,Sustainability
IFC allocates $5.32M to support green transition in the Philippines with EU
The International Finance Corporation (IFC) will allocate PHP 308 million ($5.31 million) to support green transition in the Philippines with the European Union (EU).
August 6, 2024
IFC provides $250M loan to Ayala Land to boost green buildings in the Philippines
The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to PHP 14.5 billion ($250 million) in the form of a sustainability-linked loan (SLL) for developer Ayala Land Inc. (ALI) to boost green buildings in the Philippines.
July 22, 2024
VPBank and IFC collaborate to provide $150M funding to Vietnamese coffee enterprises
Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and the International Finance Corporation (IFC) have recently collaborated to provide $150 million supply chain financing for coffee-exporting companies in Vietnam.
July 12, 2024
IFC partners IFRS Foundation to improve sustainability reporting in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and the IFRS Foundation have signed a memorandum of understanding agreeing on their strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing economies (EMDEs).
June 28, 2024