Climate Change Capital

The growth of the biggest emerging markets has caused many to worry about the environmental impact of greenhouse-gas emissions. For its part, the World Bank’s International Finance Corporation (IFC) has created a new investment mandate that it hopes will help battle climate change via the private markets.

In an in-depth interview, Chenggang Jerry Wu, Principal Investment Officer and Lead for Climate Change Funds in the Global Private Equity Funds Group of the IFC, describes the goals of his mandate.