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This is the story of how one major global development institution, the International Finance Corporation (IFC), recognized and responded to the challenge of climate change, and was itself transformed in the experience. Addressing climate change affected IFC at every organizational level, from high-level policy issues such as the role to take in supporting the use of fossil fuel, to highly technical and operational issues, such as tracking greenhouse gas emissions, and evaluating investments while taking into account the uncertain impacts of climate change.
Credit: IFC, The World Bank.
