IFC Asks Clients to Not Invest in Companies That Do Not Want to Exit Coal

IFC has partnered with Urgewald to develop and maintain the Global Coal Exit List.

September 23, 2020

/ Debjoy Sengupta
/ Other, Other Energy
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International Finance Corporation (IFC), the financial arm of the World Bank Group, is advising its clients in the financial sector to increase their climate-related lending, reducing their exposure to coal to zero or close to zero by 2030. IFC already excludes coal-related investments from its loans.

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Debjoy Sengupta

More articles from Debjoy Sengupta.
CLEANCoal Exit Listfossil fuelGreenIFCInternational Finance CorporationWorld Bank
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