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IFC, S&P Launch World's First Carbon Efficient Index for Emerging Markets

Submitted by: International Finance Corporation

Categories: Socially Responsible Investing, Finance

Posted: Dec 07, 2009 – 11:09 AM EST

 

COPENHAGEN, Dec. 07 /CSRwire/ - IFC, a member of the World Bank group, and Standard and Poor's invite media to the launch of the world's first carbon-efficiency index for emerging markets that aims to mobilize more than $1 billion for carbon-efficient companies over the next three years.

The innovative S&P/IFC Carbon Efficient Index will encourage carbon-based competition among emerging-market companies, give carbon-efficient companies access to long-term investors, and should help reduce carbon emissions in developing countries.

Date: Thursday, December 10, 10:30 a.m. - 11:00 a.m.

Venue: Press Center, Bella Center, Center Boulevard, 2300 Copenhagen, Denmark

Speakers:


  • Rachel Kyte, IFC Vice President for Business Advisory Services

  • David Blitzer, Chairman of Standard & Poor’s Index Committee

For more information or to set up media interviews, please contact:
Katia Theriault, IFC
Phone: (202) 458-9704
Cell phone: (202) 203-8223
E-mail: ktheriault@ifc.org

About IFC
IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. We foster sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments. Our new investments totaled $14.5 billion in fiscal 2009, helping channel capital into developing countries during the financial crisis. For more information, visit www.ifc.org.

For more information, please contact:

katia Theriault Communications Officer
Phone: 202-458-9704
Phone 2: 202-203-8226
Lucie Giraud IFC In Copenhagen (December 8-14):
Phone: (202) 294-0504

For more from this organization:

International Finance Corporation

 

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