WASHINGTON, 21 March 2013 – A cooperation agreement was signed today between the UN Industrial Development Organization (UNIDO) and the International Finance Corporation (IFC). It will promote investment in enterprises making more efficient use of energy, water and other resources, as well as promote cleaner industrial production by reducing or eliminating negative environmental and social impacts.
The International Finance Corporation (IFC), a member of the World Bank Group, is an international organization that seeks to promote sustainable private sector investment in developing countries, helping to reduce poverty and improve people’s lives.
The UNIDO - IFC agreement is in line with a UNIDO project to advance the adaptation and adoption of resource efficient and cleaner production through the establishment of a Cleaner Production Centre in Ukraine. The centre is part of a worldwide network of National Cleaner Production Centres, which disseminates the concept of resource efficient and cleaner production (RECP) in industries, promotes its application and facilitates companies’ access to investment mechanisms.
UNIDO will assess the cleaner production potential of approximately 30 Ukrainian companies each year, and propose projects that will enable the companies to produce in a more efficient and cleaner way. The IFC will then identify the companies with the highest potential for applying resource efficiency improvements and provide them with financing to implement these projects.
The cooperating organizations will train these and other enterprises in environmentally sound technologies and raise their awareness of RECP issues. Financial institutions or private sector companies interested in benchmarking, assessing technology gaps, and identifying, screening and assessing technology will also receive support.
The enterprises initially selected include those in the following sectors: chemicals; agribusiness; and machine building and metal processing.
For further information, please contact:
Director, UNIDO Environmental Management Branch