Project Description
A former Upstream Seed workstream on manufacturing decarbonization laid the foundation for the proposed Project by identifying high-emitting subsectors with strong investment potential and recommending engagement with companies that are regionally active and show ambition toward emissions reduction. The project will guide companies through foundational steps such as GHG accounting, target setting and energy management, with IFC acting primarily as a facilitator in the early stages. The most active IFC involvement will occur in designing decarbonization pathways tailored to each company’s operations, aligning with IFC’s environmental and social standards and green financing goals. Pilot projects will be used to test and refine tools that can later be scaled globally.