IFC Spots $1T In Private-Sector Eco Investment Potential

Law360, Los Angeles (November 1, 2013, 7:52 PM EDT) -- The International Finance Corp. said Friday that it has identified up to $1 trillion in investment potential for businesses willing to embrace renewable power and other eco-friendly efforts in emerging countries where energy demands are soaring.

The World Bank Group member has spotted massive "climate-smart" investment opportunities in resource efficiency and climate change adaptation strategies in 49 countries located in Eastern Europe, Central Asia, the Middle East and North Africa.

The IFC, which focuses on how the private sector can help improve economies in developing countries,...
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