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Tag: World Bank
World Bank Doubles Climate Investment to $200bn
The World Bank Group has doubled its current five-year investment to around $200 billion (£157bn) to support countries taking action to fight climate change.It is part of its plans to boost support for climate adaptation,...
Google, World Bank and EU Among Key Players Pledging Climate Action at One Planet Summit
Political and business leaders met in New York Wednesday to reaffirm their commitment to fighting climate change at the second annual One Planet SummitThe summit was hosted as part of Climate Week NYC by French President Emmanuel Macron,...
Sustainability of Western Balkans Rising Public Debt Becomes Questionable
Yesterday, the regional study Public Debt on western Balkans was released in the framework of “Balkan Monitoring Public Finance” project. At the same time that was an occasion to discuss with the...
World Bank Launches Bond Series to Raise Awareness About Water and Ocean Resources
The World Bank launched the first in a series of bonds designed to raise awareness about the importance of ocean and water resources, the organization announced last Thursday.The series was announced in...
Caribbean Aims to Be World’s First ‘Climate Smart’ Zone
Virgin Group Founder Richard Branson and Olympic Gold Medal Winner Usain Bolt are backing the Caribbean’s ambition to become the world’s first “climate smart” zone.The athlete helped launch the Caribbean Climate-Smart Accelerator...
UN Pact Acknowledges Climate Migration for the First Time
The final draft of a UN compact on migration published July 11 recognized the existence of climate refugees specifically for the first time, The Thomas Reuters Foundation reported Thursday.The Global Compact for...
Ph.D. Aleksandar Joksimovic: The Adriatic is Our Heritage – We Must Preserve It!
With four national parks and a multitude of forest systems, more than 50 protected plant species and 320 animal species, although small in size, Montenegro has three different natural environments at a distance...
Climate Change Already Damaging Health of Millions Globally, Report Finds
The health of hundreds of millions of people around the world is already being damaged by climate change, a major report has revealed.
Heatwaves are affecting many more vulnerable people and global warming...
Vietnam To Launch Solar Power Auctions
The World Bank and the Vietnam’s Ministry of Industry and Trade (MoIT) have joined hands to implement a pilot auction program for solar projects.
According to a local media report, the program is...
Commercial Operations Begin at Vietnam’s 260-MW Trung Son Hydropower Plant
The first hydropower project in Vietnam financed by the World Bank, the US$412 million 260-MW Trung Son hydropower project, began commercial operation on Sept. 6.
The facility is located in Trung Son commune,...
Argentina Seeks 550MW of Wind Energy in New Tender
Approximately 550MW of wind capacity has been made available in the country's latest renewables tender.
The tender marks the start of the second round of the Renovar programme, which aims to lift renewables...
Reports: World Bank Warns of Environmental Risk from Clean Energy Transition
Growing demand for metals and minerals used in clean technologies could present new environmental challenges for the planet unless decarbonisation efforts are effectively managed, the World Bank has warned.
In order to meet...
World Bank Commits $54.4 Million To Reliable Electricity & Renewables In Mongolia
The World Bank announced last week that it would contribute $54.4 million in financing to help the Mongolian government address important electricity reliability issues while also supporting the development of the country’s...
OUR CITIES BOOMERANG CHALLENGE: Can you make a #Loop4Dev? (VIDEO)
Ever notice how cities can really encapsulate many of the things that make life enjoyable? Green spaces to enjoy the outdoors, access to jobs, affordable housing for all, a well-connected public transportation...
Indonesia Pledges $1 Billion Annually to Tackle Ocean Pollution Problem
Indonesia unloads more plastic into the oceans than any other country, except China. But now the country plans to invest $1 billion every year to reduce ocean pollution 70 percent by 2025.
Indonesia...
World Bank Mandates 500 MW of New Solar Capacity for Zambia
Southern African nation Zambia has this week received the greenlight from the World Bank to receive funding and support for the development of 500 MW of new solar PV capacity.
Having last year...
