The Toronto Atmospheric Fund received a special commendation in the inaugural FT/IFC Transformational Business Awards today. Set up by the London-based Financial Times and the International Finance Corporation, a member of the World Bank Group, the new award highlights “innovative, commercially viable, and replicable products and
services that can create long-term, transformative solutions to development needs in areas such as infrastructure, energy, food and water, affordable housing and health.”
TAF was the runner-up in the category Transformational Finance, only bested by JP Morgan Chase, U.S./Lion’s Head Global Partners, U.K. Overall, the competition attracted 237 entries from 214 institutions in 61 countries.
See the full media release for the FT/IFC Transformational Business Awards.