This report analyzes in some detail the risks to project finance and the performance of real-sector investments. Options, futures, derivatives, foreign exchange and more exotic instruments are not specifically addressed. The objectives of institutional investors, such as pension funds, include...

This report presents a climate risk assessment for International Finance Corporation (IFC's) investment in Bulleh Shah Paper Mills (BSPM) in Kasur, Pakistan. This facility is owned by Packages Limited, the leading integrated paper products manufacturer in Pakistan. Starting in 2005, packages...