Photograph: © SAF — Coastal Care
Excerpts;
The International Finance Corporation is rapidly greening its portfolio.
This past fiscal year, 36 percent of our own accounts and mobilization supported climate-smart projects — up from 12 percent a decade ago. Since May, we have been applying a carbon price to all project finance investments in the cement, chemicals, and thermal power sectors, at $40-80 per metric ton…Yet we should do more…
