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

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

December 8, 2009

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: [email protected]

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.