Ten Essentials for a “Truly Green” Green Equity Approach

The International Finance Corporation's (IFC) 2020 Green Equity Approach (GEA) aims to end equity investments in financial institutions lacking a plan to phase out coal by 2030. However, the Center for International Environmental Law argues the GEA is too narrow and contains loopholes that allow continued fossil fuel expansion. The document proposes ten essentials for reform, including ending support for new oil and gas projects, scaling up sustainable renewable energy, addressing past harms from fossil fuel projects, and integrating gender equality and rights-based approaches to achieve alignment with the Paris Agreement.

• The IFC's Green Equity Approach (GEA) requires the IFC to stop equity investments in financial institutions that lack a plan to phase out coal-related investments by 2030.

APA

Center for International Environmental Law (2022). Ten Essentials for a “Truly Green” Green Equity Approach. https://www.ciel.org/wp-content/uploads/2022/06/Ten-Essentials-for-a-Truly-Green-Green-Equity-Approach-Summary-2.pdf

Chicago

Center for International Environmental Law. Ten Essentials for a “Truly Green” Green Equity Approach. 2022. https://www.ciel.org/wp-content/uploads/2022/06/Ten-Essentials-for-a-Truly-Green-Green-Equity-Approach-Summary-2.pdf.

Wikipedia

{{cite report |author=Center for International Environmental Law |title=Ten Essentials for a “Truly Green” Green Equity Approach |date=April 2022 |url=https://www.ciel.org/wp-content/uploads/2022/06/Ten-Essentials-for-a-Truly-Green-Green-Equity-Approach-Summary-2.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{centerforinternationalenvironmentallaw2022ten, author = {{Center for International Environmental Law}}, title = {{Ten Essentials for a “Truly Green” Green Equity Approach}}, institution = {Center for International Environmental Law}, year = {2022}, month = apr, url = {https://www.ciel.org/wp-content/uploads/2022/06/Ten-Essentials-for-a-Truly-Green-Green-Equity-Approach-Summary-2.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }