Ifm Use: Infrastructure Projects

ifm use: It follows a 150m investment, 12 months ago, from the Clean Energy Finance Corporation CEFC to encourage emissions reduction projects in Australia's biggest infrastructure projects, according to The Guardian. Clean energy financier invests 150m in infrastructure fund to lower emissions Read more The aim was to have IFM use its position on the board of critical infrastructure companies to introduce firm emissions reduction targets and reporting requirements within the year. IFM Investors announced on Monday that Melbourne, Brisbane, and NT airports, as well as NSW Ports, the Port of Brisbane, Southern Cross Station, and electricity network Ausgrid, would commit to a carbon abatement plan in an effort to align the fund's critical infrastructure assets with Australia's Paris targets. Ausgrid carbon reduction initiative. IFM Investors is pleased to be taking an active role as a major infrastructure investor to work with the CEFC and our assets' management teams to set carbon abatement targets and commit to annual progress reporting, IFM head of Australian infrastructure, Michael Hanna, said. In a statement, IFM said the commitments would reduce carbon dioxide emissions by 200,000 tonnes per year by 2030, the equivalent of removing 70,000 cars from the road. (news.financializer.com). As reported in the news.