IFC commits USD 400 mn to Bajaj Finance to help boost climate finance
Wed, Nov 6, 2024 5:05 PM

IFC commits USD 400 mn to Bajaj Finance to help boost climate finance

A Flip by Shubhangi Gupta
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The International Finance Corporation (IFC) has committed $400 million to support Bajaj Finance Ltd's expansion of access to finance for electric vehicles and energy-efficient consumer goods, as well as women-owned microenterprises, as part of a $1 billion fundraising exercise. This aims to increase competitiveness in the climate finance market and promote financial inclusion.

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