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International Finance Corporation (IFC)
Country: United States of America
Project Description: To promote innovation in sustainability, IFC has put together a team with a threefold focus 1) to incubate innovative business initiatives that deliver environmental and social benefits 2) to demonstrate their commercial attractiveness 3) to encourage their independent replication in the private sector in emerging markets
The main targeted sectors include:
* Biodiversity Markets — Commercially viable activities contributing to the conservation of biological diversity in developing countries.
* Cleaner Technologies — Investing in new technologies and new ways of doing business with environmental benefits where profitability can be achieved but barriers of high perceived risk and initial high costs have to be overcome.
* Gender Entrepreneurship Markets — Unlocking the untapped potential of women in emerging markets by increasing their access to finance to empower them financially and economically.
* Social Responsibility — Proactive management of the social, environmental and labor dimensions of a company's business practices.
* Sustainable Energy — Transforming markets for energy efficiency and renewable energy technologies through investments and linked capacity building activities.
* Sustainable Investing — Acting as a catalyst to increase the levels of sustainable investments in emerging markets by setting standards and developing financial products in private equity, listed equities and other tradable securities.
Project Website: http://www.ifc.org/ifcext/sustainability.nsf/Content/Innovator Project Document: IFC_Innovator_brochure.pdf
This Network Project is classified within these Core Themes: Africa Agriculture Asia and Pacific Biodiversity and Ecosystem Management Energy Environment Europe Health Health and Environment Latin America and the Caribbean Local Middle East North America Poverty and Hunger
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