to this end a group of nine international financial institutions ifis have been working towards a harmonised approach for accounting for ghg impacts of their project portfolios world bank for example the carbon footprint tool of the agence franaise de developpement s afd can be used to conduct an exante evaluation of the ghg impacts of proposed projects in a variety of sectors measured in units of c eqafd this enables afd to track the climate impacts of afd s investments at the portfoliolevel it also allows potential climate impacts to be considered when making decisions on project design and ultimately funding for all projects and not just climate projects for specific institution level guidelines see eg ifc eib gef b ebrd opic these broader indicators include mw of renewable energy capacity installed lifetime or annual gwh of energy saved as well as hectares of deforestation and afforestation eg se all uk idb cif a c gef lb afdb nd