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The World Bank has a multibillion-dollar plan to help poor countries fight global warming
2016-04-08 01:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: The World Bank is boosting spending to help poorer countries battle global warming and power 150 million homes with renewable energy. The bank released a 59-page climate action plan Thursday designed to help less developed nations meet global warming goals they set last December in Paris. The private-sector arm of the international financial organization plans to increase its $2.3 billion-a-year spending on fighting climate change to $3.5 billion a year by 2020. Officials hope to spur $13...
World Bank hikes aid to poor nations fighting global warming
2016-04-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: The World Bank is boosting spending to help poorer countries battle global warming and power 150 million homes with renewable energy. The bank released a 59-page climate action plan Thursday designed to help less developed nations meet global warming goals they set last December in Paris. The private-sector arm of the international financial organization plans to increase its $2.3 billion-a-year spending on fighting climate change to $3.5 billion a year by 2020. Officials hope to spur $13 billion...
World Bank lending arm sees off lawsuit by Indian fishermen
2016-03-30 08:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: A Washington DC judge has ruled that the World Bank cannot be sued in a case brought by Indian fishermen and farmers who said that an investment by the Banks private sector arm in a giant coal-fired power plant had destroyed their livelihoods. In 2008 the International Financial Corporation (IFC) branch of the Bank announced a $450m loan for a subsidiary of the Tata Group conglomerate to build the power plant in Gujarat, billed as an essential project to help fuel Indias ongoing economic development....
Canadian Imperial Bank of Commerce (CM) Stake Raised by World Asset Management Inc
2016-03-12 14:11:50| Grocery - Topix.net
World Asset Management Inc boosted its stake in shares of Canadian Imperial Bank of Commerce by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,068 shares of the company's stock after buying an additional 484 shares during the period.
Tags: inc
world
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World Bank urged again to end Uzbek loans over cotton labour
2016-03-09 11:49:00| Daily apparel & textile news and comment - from just-style.com
Uzbekistan human rights advocates have petitioned the World Bank, calling on it to suspend payments to the government until it stops the use of forced labour in the cotton sector.
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