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DateDocumentOrganization and type
Closing loopholes
The briefing examines how the IFC's Green Equity Approach (GEA) fails to prevent continued fossil fuel finance through financial intermediary clients. It highlights cases where GEA clients funded new coal plants and identifies significant IFC equity exposure to oil and gas projects globally. The authors call for a public review of the GEA and a total phase-out of fossil fuel finance in IFC's financial intermediary portfolio.
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Document type: Briefing
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