Article originally published in the IFC’s Annual Report 2015.
Climate change will hit developing
countries hardest — posing significant threats to their efforts to tackle water, energy, and food-supply needs.
Developing countries will need large sums of money to cope with climate change: up to $1 trillion a year. The private sector has an indispensable role to play, and IFC is at the forefront in mobilizing private capital to address climate change.
We provide finance and advice for energy-efficient and renewable-energy solutions — such as green buildings and solar power. Since 2005, we have made long-term investments totaling more than $13 billion in climate-related projects. This includes $2.3 billion in 103 projects in 31 countries in FY15. We also mobilized $2.2 billion from other investors.
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To strengthen national and international connectivity, Indonesia also prepared a National Port Master Plan (NPMP 2011). The NPMPs’ traffic forecast for the 2030 horizon shows that Indonesia’s container traffic will be doubled by 2020, and will quadruple by 2030. This will require capacity expansion and new port facilities development in many locations, especially in Eastern Indonesia.



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