ICF Awarded Best Carbon Advisory Firm

ICF Recognized as Climate Change Industry Leader for Third Straight Year



Fairfax, Virginia, December 18, 2008 -

For the third straight year, ICF International (NASDAQ:ICFI) was selected by readers of Environmental Finance magazine for its outstanding work in climate change mitigation. ICF won Best Advisor awards in four of the survey’s advisor categories in this market, including EU Emissions Trading Scheme, Kyoto Projects (JI and CDM), North American Mandatory Markets, and Voluntary Markets. This is the company’s best performance to date.

Environmental Finance polled nearly 2,000 companies for its 9th annual survey, with award selections based on 1,600 responses. Companies were asked to nominate the leading brokers, dealers, and advisors in emissions allowances, weather derivatives, and renewable energy certificates. Companies were allowed only one vote, could not vote for themselves, and could only vote in categories in which they had direct experience. Selection criteria included efficiency and speed of transaction, reliability, innovation, quality of information and service provided, and influence on the market.

“We are honored to be recognized by our clients and the readers of Environmental Finance for our leadership on climate change issues,” said Sudhakar Kesavan, ICF chairman and CEO. “With over 400 climate change and energy specialists in key locations around the globe, ICF is committed to continuing to provide cutting-edge solutions to our clients’ energy and environmental challenges.”

Environmental Finance is the leading international publication covering the ever-increasing impact of environmental issues on the lending, insurance, investment, and trading decisions affecting industry. Its 2008 market survey results are published in the December 2008-January 2009 issue of Environmental Finance.



About ICF International

ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide. ICF’s Web site is

Caution Concerning Forward-looking Statements

This document may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995—that is, statements related to future—not past—events, plans, and prospects. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “guidance,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would,” or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information, and are subject to factors that could cause actual results to differ materially from those anticipated. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include but are not limited to: risks related to the government contracting industry, including the timely approval of government budgets, changes in client spending priorities, and the results of government audits and investigations; risks related to our business, including our dependence on contracts with U.S. Federal Government agencies and departments and the State of Louisiana; continued good relations with these and other customers; success in competitive bidding on recompete and new contracts; performance by ICF and its subcontractors under our contract with the State of Louisiana, Office of Community Development, including but not limited to the risks of failure to achieve certain levels of program activities, termination, or material modification of the contract, and political uncertainties relating to The Road Home program; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; the future of the energy sector of the global economy; our ability to attract and retain management and staff; strategic actions, including attempts to expand our service offerings and client base, the ability to make acquisitions, and the performance and future integration of acquired businesses; risks associated with operations outside the United States, including but not limited to international, regional, and national economic conditions, including the effects of terrorist activities, war, and currency fluctuations; and other risks and uncertainties disclosed in the Company’s filings with the Securities and Exchange Commission. These uncertainties may cause ICF’s actual future results to be materially different than those expressed in the Company’s forward-looking statements. ICF does not undertake to update its forward-looking statements.

For Immediate Release
Lindsey Litton


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