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    "text": "Specifying how certain funds should be spent may protect the IFC from criticism, but it doesn't stop financial intermediary clients financing harmful projects with their own 💰\n\nThe IFC should use its leverage to encourage FIs to exclude fossil fuels before agreeing to invest\n\n#EndFossilFuels",
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          "alt": "Image of three young Indonesian boys wearing school uniforms and backpacks, standing in a field looking at an industrial processing plant with a tall chimney. White text on grey and turquoise background, which reads: A counterparty-based approach to risk. Multilateral development banks like the IFC should only fund FIs that are fully committed to stop funding fossil fuels and other harmful sectors. This is called a \"counterparty\" approach in the MDB principles for Paris Agreement alignment. Photo © Esa Setiawan/Trend Asia 2024. \n",
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            "tag": "EndFossilFuels",
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    "createdAt": "2025-04-24T10:07:29.835Z"
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