IFC AND STANDARD & POOR’S RELEASE CARBON EFFICIENCY INDEX
January 1st, 2010
BY KEITH NUTHALL
THE WORLD Bank's International Finance Corporation (IFC) and rating agency Standard & Poor's have released the world's first carbon efficient index for emerging markets. They want to highlight carbon-efficient firms in these countries, helping them attract international investment, encouraging competition to reduce carbon emissions. The IFC thinks this could generate US$1 billion in capital within three years.
ENDS
THE WORLD Bank's International Finance Corporation (IFC) and rating agency Standard & Poor's have released the world's first carbon efficient index for emerging markets. They want to highlight carbon-efficient firms in these countries, helping them attract international investment, encouraging competition to reduce carbon emissions. The IFC thinks this could generate US$1 billion in capital within three years.
ENDS
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