News
IFC and IDB Invest Share System to Help Latin American Financial Institutions Measure Climate Impact
IFC, a member of the World Bank Group, and IDB Invest, a member of the Inter-American Development Bank Group, have agreed to share the Climate Assessment for Financial Institutions tool (CAFI), IFC’s first-of-its-kind online impact measurement platform, making it easier for financial institutions to estimate the climate change related impact of their financial activities.
The new agreement allows two of the leading multilateral development banks with focus on the private sector to offer CAFI to a larger number of financial institutions. The cooperation will also pave the way for improved transparency and disclosure for public and private investors and other regulatory bodies that are looking to promote the sustainable development goals.
Latest from Our Blog
View all blog posts
Is There a “Steel Bullet” for Helping Businesses Grow?
Financial diaries which provide microentrepreneurs with tailored business reports are helping them to grow their businesses, showing the power of access to data.
Working to Promote Food Security in Burkina Faso
Claire Lossiané of YIKRI, winner of the 2023 European Microfinance Award, reflects on the MFI’s programs to combat malnutrition.
India’s Digital Divide Threatens the Progress of Financial Inclusion
There are three key challenges that need to be addressed to fulfill the promise of India's much-lauded digital public infrastructure, as mobile phones and internet access remain inaccessible for a significant segment of the population.