IFC has recognized top performers for the 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting, acknowledging IFC clients using the CAFI tool to report on their climate investments and commitments in emerging markets. As of June 2023, IFC has committed $15.2 billion to climate related projects through more than 210 emerging market financial institution partners, leveraging an additional $5.8 billion. The CAFI tool allows these partners to assess the climate eligibility and climate impact of investments they make. IFC clients have used CAFI to report more than…
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