Ten Essentials for a Truly Green Green Equity Approach

The document critiques the IFC's Green Equity Approach (GEA), noting that while it commits to ending equity investments in financial institutions without a plan to phase out coal by 2030, it contains loopholes that allow continued fossil fuel support. It proposes ten specific reforms, including ending support for new oil and gas projects, scaling up renewable energy, and adopting a rights-based approach with full transparency.

• The IFC's Green Equity Approach (GEA) commits the organization to stop equity investments in financial institutions that lack a plan to phase out coal-related investments by 2030.
• The current GEA is considered too narrow to align the IFC's equity investment portfolio with the Paris Agreement and contains loopholes that permit clients to continue expanding fossil fuel support.
• To achieve global climate objectives, the IFC should reform the GEA to stop support for new coal and oil and gas projects, increase sustainable renewable energy investments, close the coal underwriting loophole, and integrate gender equality and a rights-based approach.

APA

rrotadmin (2022). Ten Essentials for a Truly Green Green Equity Approach. Recourse. https://re-course.org/newsupdates/infographic-ten-essentials-for-a-truly-green-green-equity-approach/

Chicago

rrotadmin. Ten Essentials for a Truly Green Green Equity Approach. Recourse, 2022. https://re-course.org/newsupdates/infographic-ten-essentials-for-a-truly-green-green-equity-approach/.

Wikipedia

{{cite press release |last1=rrotadmin |title=Ten Essentials for a Truly Green Green Equity Approach |publisher=Recourse |date=5 May 2022 |url=https://re-course.org/newsupdates/infographic-ten-essentials-for-a-truly-green-green-equity-approach/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{rrotadmin2022ten, author = {rrotadmin}, title = {{Ten Essentials for a Truly Green Green Equity Approach}}, publisher = {Recourse}, year = {2022}, month = may, url = {https://re-course.org/newsupdates/infographic-ten-essentials-for-a-truly-green-green-equity-approach/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }