IFC targets sustainability in search for co-investors
The World Bank’s $115 billion development finance institution has placed sustainable investment practices at the top of its list of requirements for potential partners.
The International Finance Corporation (IFC), a $115 billion development finance institution within the World Bank, prioritises sustainability credentials over track record, investment horizon or investor type when selecting co-investors, according to Riccardo Puliti, regional vice president for Asia and the Pacific.
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