Climate Change Data

International Finance Corporation

Climate Impact & Sustainability Data (2010-2013)

Reporting Period: 2010-2013

Environmental Metrics

ESG Focus Areas

  • Inclusive Green Growth (IGG)
  • Climate Change Mitigation and Adaptation
  • Renewable Energy
  • Energy Efficiency
  • Water
  • Sustainable Development

Environmental Achievements

  • Increased financing for mitigation investments to approximately US$350 billion in 2010/2011, mostly private sector funding for renewable energy.
  • Significant growth in IFC's climate-related portfolio from 2005 to 2013, reaching 14% of total own-account commitments.

Social Achievements

  • Initiatives promoting clean cookstoves and solar lanterns to improve energy access and health in developing countries.
  • New business models for off-grid clean water services in rural Kenya.
  • Increased engagement of local financial institutions in financing clean energy projects through development banks.

Governance Achievements

  • Development of country-based indicators to inform investors about barriers and opportunities for green investments.
  • South Africa's Pension Funds Act mandating consideration of ESG issues in investment decisions.

Climate Goals & Targets

Environmental Challenges

  • Lack of a universally agreed definition of IGG.
  • Inconsistent data on financial flows for IGG.
  • Limited data on adaptation finance and investments in low-income countries.
  • Barriers to scaling up clean cookstoves and solar lanterns (non-financial factors).
  • Challenges in developing sustainable business models for clean water services.
  • Barriers to widespread adoption of energy efficiency investments in developing countries.
  • Lack of investor experience in emerging markets and direct project investing.
  • Policy uncertainty and developing country risks deterring investors.
  • Liquidity concerns and short investment time horizons.
Mitigation Strategies
  • Development of a knowledge management system (IGG Brain) to access and navigate IGG literature.
  • Multi-pronged approach to address barriers to clean cookstove adoption (awareness, markets, technology, financing).
  • Innovative business models for off-grid services (water, energy).
  • Public-private partnerships and blended finance to leverage private investment.
  • Development of country risk indicators to inform investment decisions.
  • Policy changes to incentivize green investments (e.g., South Africa's Pension Funds Act).

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Floods
  • Droughts
Transition Risks
  • Policy uncertainty
  • Market shifts
Opportunities
  • Renewable energy investments
  • Energy efficiency improvements
  • Climate-resilient infrastructure

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)

Initiatives contribute to these goals by promoting renewable energy, energy efficiency, and climate resilience.

Sustainable Products & Innovation

  • Clean cookstoves
  • Solar lanterns
  • Energy-efficient appliances