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World Bank approves $650m loan for India's Eastern Freight Corridor
2015-07-03 01:00:00| Railway Technology
The International Bank for Reconstruction and Development (IBRD) or World Bank has approved $650m in the third phase of loans to support the construction of India's freight-only rail line Eastern Dedicated Freight Corridor (EDFC).
World Bank: Brazil Tops Infrastructure Project Spending
2015-06-16 01:08:36| ENR.com: Headline News
Public-private financing for transportation, energy and water infrastructure rose 6% last year, but remained well below the total for 2012.
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World Bank: 2014 Public-Private Infrastructure Investment Hit $107.5B
2015-06-10 22:13:59| ENR.com: Headline News
Brazil accounted for largest share among 139 low- and middle-income countries, with $44.2 billion.
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World Bank Carbon-Market Push Facing Poorer-Nation Suspicion
2015-06-05 13:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The World Bank is working to overcome poorer nations suspicions about putting a price on carbon emissions as it seeks to expand greenhouse-gas trading internationally, according to the lenders special climate-change envoy. While charging for carbon is seen by developed countries as a way to fund emissions cuts, some less-rich nations want direct aid to combat climate change, Rachel Kyte said in an interview. The preference comes amid uneven rewards to developing economies from the United Nations...
World Bank gas flaring initiative misses key players
2015-06-04 20:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A World Bank initiative to eliminate the waste and pollution of routine gas flaring remains unsigned by some of the main countries involved, undermining industry demands this week for special treatment on the grounds gas is cleaner than coal. Countries yet to sign a pledge to eliminate routine flaring by 2030 include major flarers the United States, Iran and Nigeria, the bank said, noting that the practice wastes enough energy to supply Africa with electricity and pollutes as much as 77 million...
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