On behalf of the Climate Action in Financial Institutions Initiative, Rémy Rioux, Chair of IDFC and CEO of Agence Française de Développement (AFD), announced today the launch of the 2017 Climate Mainstreaming Practices Report.

This report illustrates both the challenges and some of the many ways public and private financial institutions — with different mandates, clients and business models — work to progressively integrate climate change considerations across policies and operations.

This report presents the climate action story from the perspective of member Supporting Institutions. At its heart is a range of case studies to demonstrate how the 5 Voluntary Principles for Climate Mainstreaming are being put into practice. In many instances, these practices are no longer emerging, but have become core components of how financial institutions are doing business. Recognizing the range and variety of approaches taken to implement the Five Principles is essential and reflects the diversity of situations and contexts among financial institutions themselves.