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IEC, World Bank and UN Foundation Announce Rural Electrification Support for Developing Countries
2013-10-02 17:22:00| Transmission & Distribution World
To help bring electrical energy to some of the 1,3 billion people without access or with only limited energy access, the IEC, World Bank Group and United Nations Foundation have announced a new cooperative agreement to provide developing countries with access to important technical documents that support rural electrification, at a specially discounted price. read more
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World Bank pledges more funds for poor in troubled states
2013-10-01 10:48:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: World Bank President Jim Yong Kim laid out a new strategy for the global development lender on Tuesday that includes a sharp increase in funds to help poor people in nations scarred by conflict and a pledge to partner with the private sector. He also warned that a partial government shutdown in a politically divided Washington could have far-reaching consequences for the poor given the troubling signal it sends about the world's largest economy. U.S. fiscal uncertainty "combined with other...
World Bank approves $140 million for Myanmar electricity
2013-09-25 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The World Bank's board on Tuesday approved a $140 million interest-free loan to fund a more efficient power plant in Myanmar, as the bank seeks to support reforms in the Southeast Asian country. The World Bank has stepped up its engagement with Myanmar, which is rich in resources but underdeveloped after decades of isolation under military rule. The quasi-civilian government that came to power in 2011 re-engaged with lenders and has started implementing political and economic reforms. Myanmar...
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World Bank chief urges China to better manage urbanization
2013-09-18 12:19:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: China must plan its massive urbanization better to limit environmental damage and to ensure that millions of migrants benefit more from the process, World Bank Group President Jim Yong Kim said on Wednesday. In the past 30 years, China's urban population has jumped to more than 700 million from less than 200 million. The dramatic shift sometimes has triggered violent clashes over expropriation of farmland for development, as well as water shortages, pollution and other problems. "China is well...
World Bank ties strategy to poverty-fighting goals
2013-09-16 09:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The World Bank, faced with a tight budget and greater competition for development funds, aims to become more selective in its lending, focusing on fragile states, sub-Saharan Africa, South Asia and other areas where it can have the greatest impact, according to a draft strategy paper obtained by Reuters. The 42-page paper, presented to the bank's executive board last week, is the first major strategic review under World Bank President Jim Yong Kim. It offers the first concrete details of how...
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