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World Bank agrees $8 million aid to India for climate change mitigation

2015-02-13 23:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: India on Friday signed an agreement with World Bank for an assistance of $8 million to take up various adaptation measures in rural areas to deal with the threat of climate change. The money will be used to implement special projects to improve adaptive capacity of the rural poor, engaged in farm-based livelihoods, to climate change in Bihar and Madhya Pradesh. The assistance fund, under Sustainable Livelihoods and Adaptation to Climate Change (SLACC), will be for projects that will help community...

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World Bank slammed over Uzbek labour investigation

2015-02-04 15:45:00| Daily apparel & textile news and comment - from just-style.com

The decision by the World Bank's internal watchdog not to investigate the link between the bank's loans and Uzbekistan government-organised forced labour is alarming, the Cotton Campaign has said.

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Retail Investors Snap Up World Bank Green Growth Bonds

2015-01-14 23:38:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: The first equity index-linked World Bank Green Bond available to retail investors just closed, and it was a big hit, raising more than US$91 million to support environmental solutions, the bank has announced. The World Bank Green Growth Bond was the first Green Bond linked to an equity index designed for retail investors in Belgium and Luxembourg. It turned out to be the largest public offer subscription for a non-Euro equity index-linked bond in those two countries last year. A total of 10...

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World Bank cuts global growth forecast

2015-01-13 23:10:22| BBC News | Business | UK Edition

The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery.

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World Bank urged to probe links with Uzbek cotton

2014-12-18 14:37:00| Daily apparel & textile news and comment - from just-style.com

The World Bank's internal watchdog is being urged to investigate whether its projects are contributing to the use of forced labour in in the cotton sector of Uzbekistan.

Tags: links world bank cotton

 

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