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World Bank grants $625m loan to India’s solar power push

The World Bank Board approved a $625 million loan to support the Government of India’s program to generate electricity from widespread installation of rooftop solar photovoltaic (PV).

read more... 17/05/2016


World Bank announces lofty goals in terms of renewable energy for developing countries

The World Bank Group has unveiled this week that it intends to help developing countries add 30 GW of renewable energy by 2020, enough to power 150 million households.

read more... 13/04/2016


Global leaders call for carbon pricing policies adoption

World leaders including German Chancellor Angela Merkel, Philippines President Benigno Aquino III and French President Francois Hollande, the heads of the International Monetary Fund and World Bank have urged countries and companies to adopt carbon pricing policies ahead of a United Nations climate change summit in Paris in December in order to speed up efforts to fight against climate change.

read more... 20/10/2015


Albania and World Bank inked $150 million electricity agreement

Albania signed a $150 million loan agreement with the World Bank on Monday to improve power distribution and transmission, which it said would facilitate the return of the debt-laden sector to financial stability by 2018.

read more... 04/11/2014


Countries, firms mobilize around carbon pricing prior to UN summit

The World Bank stated on Monday that 73 national and 11 regional governments and several 1,000 firms would unite forces to promote the adoption of policies establishing a price on carbon emissions to encourage a shift to cleaner energy technologies.

read more... 23/09/2014