To address transition risk and avoid stranded assets, Ifc employs carbon pricing. As of May 2018, a carbon price is included in the economic analysis of project finance and corporate loans with specific use of proceeds in the cement, chemicals, and thermal power generation sectors, where Ifc's most greenhouse gas-intensive projects exceed 25,000 tons of carbon dioxide equivalent annually. Ifc incorporates the carbon price into the project's Board papers to account for the project's economic performance.