IFC’s green bonds offer investors an opportunity to finance projects that help the private sector address climate change through climate-smart investments and innovative financing in emerging markets.
IFC focuses on helping the private sector address climate change through investments and innovative financing. As part of the WBG's Climate Change Action Plan for FY21 to FY25, IFC has committed to increase its direct climate financing to at least 35 percent of its total financial commitments. These project commitments will focus on reducing the trajectory of emissions and strengthening adaptation and resilience in developing countries.
Since 2005 - when IFC started to track climate-smart components of its investments and advisory services - IFC has provided more than $28 billion in long-term financing and raised over $22.3 billion in core mobilization through partnerships with investors.
In 2010, IFC launched the Green Bond Program to help catalyze the market and unlock investment for private sector projects that support renewable energy, clean transportation, solar, hydro and energy efficiency. Funds raised through green bonds help finance sustainable, climate-smart projects with a positive environmental impact. As of June 30th, 2023, IFC has issued $12.5 billion in green bonds across 198 issuances in 22 currencies.
IFC’s Green Bond Framework was recently expanded to include new biodiversity, ocean and water categories, more robust climate adaptation selection processes, as well as additional categories under climate mitigation. The updated framework has been second-party reviewed by S&P Shades of Green, formerly part of CICERO, and is rated as Medium Green with an “Excellent” governance score.
IFC Cumulative Green Bonds Issuance
$12.5 billion
in volume
198
in Bonds and Taps
22
currencies
