IFC
IFC partners Association of Banks in Cambodia to boost green finance, support sustainable growth
The International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space in order to help address climate change impacts and foster a sustainable financial ecosystem.
October 17, 2024
IFC lends $534M to ENGIE to boost renewable energy in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a landmark green and sustainability-linked loan of €500 million ($534 million) to ENGIE S.A., the parent holding company of the ENGIE Group.
October 7, 2024
IFC invests $7M into Philippine technology firm First Circle
The International Finance Corporation (IFC) has invested $7 million into First Circle, a technology company providing smart banking solutions to small and medium-sized enterprises (SMEs) in the Philippines.
October 3, 2024
IFC, HSBC Asset Management expand partnership to support sustainability in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have on Wednesday announced an agreement to establish a specialized fund vehicle targeting corporate bond issuers in emerging markets (EM), aiming to increase access to finance and support sustainable growth.
October 3, 2024
IFC-led consortium to provide up to $400M to PTCL to boost digital connectivity in Pakistan
International Finance Corporation (IFC), alongside other investors, is providing up to $400 million to Pakistan Telecommunication Company (PTCL) to finance its acquisition of Telenor Pakistan Private Limited and Orion Towers Private Limited.
September 27, 2024
$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