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World Bank criticised over Uzbek cotton loans

2016-09-14 13:22:00| Daily apparel & textile news and comment - from just-style.com

The World Bank has been accused of potentially violating international law by providing agricultural loans to the government of Uzbekistan, which uses forced labour in the country's cotton sector.

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World Bank president: Brexit 'contributed to slow growth'

2016-08-03 16:10:05| BBC News | Business | UK Edition

The president of the World Bank says Brexit has had a negative impact on the global economy, creating difficulties for developing countries

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World Bank Group to finance $1bn for Indias solar growth

2016-07-05 01:00:00| Power Technology

The World Bank Group has signed an agreement with International Solar Alliance (ISA) to finance more than $1bn in support expansions of solar generation capacity.

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World Bank, India Sign $1 Billion Solar Power Deal

2016-07-02 03:16:00| Climate Ark Climate Change & Global Warming Newsfeed

International Business Times: The World Bank Group and India signed an agreement Thursday for over $1 billion that the worlds second-most populous country will receive to develop its solar power generation. India, which currently has just over 7GW of installed solar capacity, has announced ambitious plans to increase it to 100GW by 2022. With its climate, the South Asian country has the potential to generate a large amount of solar power, and has increased its installed capacity significantly in the recent years, up from...

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World Bank to back India's solar power initiative

2016-06-30 06:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The World Bank president said Thursday that India had shown resilience in the situation created by Britain's decision to exit from the European Union, but it will be affected "if there were more events creating more uncertainty." Jim Yong Kim told reporters that the British decision has caused a shortage of capital for developing nations like India and money was flowing into safe havens like gold and U.S. treasury bills. Urging countries to embrace multilateralism and multilateral institutions,...

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