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World Bank, UK to help poor nations hit natural disasters

2015-03-16 00:48:00| Climate Ark Climate Change & Global Warming Newsfeed

TNN: Some good news for the developing countries. The World Bank and the UK government has jointly launched a new competitive challenge fund that would help poor nations -- those hit by disasters like floods, cyclones, droughts and earthquakes -- to empower their local communities. The fund, launched on Monday on the sidelines of UN's 3rd World Conference on Disaster Risk Reduction at Sendai, will help developing countries design and implement ground-breaking solutions to overcome problems they face...

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Tackling disasters vital to end poverty: World Bank chief

2015-03-13 14:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: In the past 30 years, the world has lost more than 2.5 million people and almost $4 trillion because of natural disasters, the president of the World Bank said on Friday as governments prepare to adopt a new global plan to reduce disaster risk. Speaking in Tokyo on his way to the northeastern city of Sendai, where a U.N. conference aims to finalize the plan, Jim Yong Kim said the 2010 earthquake in Haiti destroyed more than a decade of growth in the country, and in 2013, Typhoon Haiyan pushed...

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World Bank lifts ban on Alstom to compete for projects

2015-02-25 01:00:00| Power Technology

The World Bank has released Alstom Hydro France from debarment, which opens up scope for the hydropower generating unit of the French manufacturer to compete for projects financed by the World Bank.

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World Bank report highlights massive urban growth in East Asia over last 10 years; just getting started

2015-02-17 11:55:33| Green Car Congress

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World Bank grants $195m loan for Uzbekistan rail project

2015-02-17 01:00:00| Railway Technology

The International Bank for Reconstruction of Development (IBRD) has granted a $195m loan for the $1.63bn Pap-Angren railway project in Uzbekistan.

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