Africa > Ombudsman says International Finance Corporation’s emissions rules are too weak

Ombudsman says International Finance Corporation’s emissions rules are too weak

Published 18:12 on October 30, 2024  /  Last updated at 18:12 on October 30, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International

The World Bank Group's International Finance Corporation (IFC) is failing to enforce its own greenhouse gas emission requirements with clients, which already fall short of what is needed to meet the Paris Agreement's 1.5C temperature goal, the finance institution's ombudsman warned.
The World Bank Group's International Finance Corporation (IFC) is failing to enforce its own greenhouse gas emission requirements with clients, which already fall short of what is needed to meet the Paris Agreement's 1.5C temperature goal, the finance institution's ombudsman warned.


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