...

IFC and Carbon Trust Partner to boost decarbonization in emerging markets

Green Economy Materials 19 September 2024 16:41 (UTC +04:00)
IFC and Carbon Trust Partner to boost decarbonization in emerging markets
Laman Zeynalova
Laman Zeynalova
Read more

BAKU, Azerbaijan, September 19. The International Finance Corporation (IFC), a member of the World Bank Group, has partnered with the Carbon Trust to advance decarbonization strategies for companies in emerging markets, Trend reports via IFC.

The collaboration aims to accelerate investments in green production and help companies reduce emissions along their supply chains.

This partnership will provide IFC clients with new opportunities to develop decarbonization roadmaps while expanding IFC's sustainable financing reach to global brands operating in emerging markets. By leveraging each other's strengths, IFC and the Carbon Trust plan to promote low-carbon technologies and investments that green supply chains, ultimately contributing to more sustainable economic development.

Recently, IFC and the Carbon Trust launched the IFC Food Loss Climate Impact Tool, which helps businesses estimate greenhouse gas emissions resulting from food loss across the supply chain. This tool enables companies to identify where improvements are needed to meet climate goals, improve profitability, and strengthen food security.

Follow the author on X: @Lyaman_Zeyn

Tags:
Latest

Latest