The document presents a series of climate change-related projects that the International Finance Cooperation (IFC) has supported from all around the world. It also contains a series of tools for green investors, including:
- mainstreaming climate friendly investments - the financial world does not negotiate the big international treaties on climate change, but its capital is critical to meeting their goals
- rethinking the role of banks - studies show that 97 per cent of the growth in greenhouse gas emissions in the next 20 years will come from developing countries. Their industrial output will grow, taking an ever-rising share of the world economy, and giving local banks a critical role in helping them reach a low-carbon future
- assessing carbon footprints of projects - IFC assesses most of its projects for carbon footprints and greenhouse gas emissions
- portfolio measurement - IFC developed the Carbon Emissions Estimator Tool for estimating greenhouse gas emissions from investments with immediate applicability to all its departments other than Global Financial Markets.
The overall conclusion of the report is that risk mitigation, co-investment and demonstration can positively influence investor confidence and highlight the 'bankability' of clean energy investments.
The report contains case studies from China, India, Philippines, Africa, Russia, Mexico, and Jordan.
This summary was prepared by Eldis.