Recourse publishes database of active IFC equity investments

To advance transparency and accountability, Recourse is today sharing a database of the International Finance Corporation’s (IFC) active equity investments in financial intermediaries.

The database, which includes 400 IFC investments dating back to 1997, lists the amount, location and date approved as well a crucial information such as whether the investment supports fossil fuels or high risk activities.

As Recourse has explained in reports such as Coming Clean and Closing Loopholes, the IFC has made ambitious commitments to limit high risk and coal investments through its financial intermediary financing. By publishing this database, which summarises information provided on IFC’s own website in a more accessible form, Recourse hopes to ensure IFC is held accountable to its promises.