Econsult Climate Finance For Women Owned Micro Small And Medium EnterprisesIfc A Member Of The World Bank Group Is The Largest Global Development Institution Focused On The Private Sector In Emerging Markets We Work In More Than 100 Countries Using Our Capital Expertise And Influence To Create Markets And Opportunities In Developing Countries In Fiscal Year 2020 We Invested 22 Billion In Private Companies And Financial Institutions In Developing Countries Leveraging The Power Of The Private Sector To EndExtreme Poverty And Boost Shared Prosperity The Financial Institutions Group Fig Is Responsible For Managing Roughly 40 Of Ifcs Overall Business By Volume And Capital At Risk Fig Engages In A Wide Range Of Sub Sectors With Both Investment And Advisory Services Delivered To Ifcs Global Network Of Clients Gender And Climate Are Strategic Priorities For Fig Delivered Through Its Banking On Women And Climate Finance Programs Investing In Green Projects Is Crucial For The Planets Survival And There Is A Large Untapped Climate Smart Investment Opportunity Of At Least 23 Trillion Of Which 13 Trillion Is Expected To Be Facilitated Through Bank Financing Micro Small And Medium Enterprises Msmes Especially Those Owned By Women Wmsmes Play A Major Role In Developing Economies As Well As In Greening Their Economies To Do This They Require Capital For Climate Change Mitigation And Adaptation Wmsmes Can Be Important Drivers Of Inclusive And Green Growth Owning 36 Of Small Businesses Globally And Accounting For 32 Of The Total 5 Trillion Msme Finance Gap In Emerging Markets However There Is A Lack Of Actionable Data About Climate Finance Directed At Wmsmes Which May Be Holding Bank Investment In This Area
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