IFC has announced that it will partner with two institutional investors, Allianz through Allianz Global Investors, and the Hong Kong Monetary Authority, to create a new $3 billion global platform for climate-smart investment aligned with the Paris Agreement. The new program, MCPP One Planet, combines institutional investor contributions with IFC’s own funds to scale up climate-responsible financing for private companies in emerging markets. MCPP One Planet will create the world’s first cross-sectoral portfolio of emerging-market loans aligned with the Paris Agreement. The facility enables institutional investors to directly provide capital…
Read MoreIFC and Institutional Investors Embark on New Multi-Billion Climate Finance Initiative
