Credit to Author: Sonal Patel| Date: Fri, 01 Dec 2023 05:12:00 +0000
The World Bank on Oct. 25 granted South Africa a $1 billion developmental policy loan (DPL) as a significant measure to help the country address its debilitating energy crisis, and encourage it to transition
The post World Bank Approves $1B Loan to Advance South Africa’s Power Sector Reforms appeared first on POWER Magazine.
Read moreCredit to Author: Saurabh| Date: Tue, 21 Mar 2023 22:05:48 +0000
Indian solar module manufacturer Insolation Solar has secured funding from a World Bank-backed fund for expansion of its production line. The funding was released by the Energy Access Relief Fund which is backed by IFC, BII, DFC, FMO and others, and managed by Social Investment Managers and Advisors. The funding shall be used be the […]
Credit to Author: Darrell Proctor| Date: Mon, 26 Dec 2022 17:30:16 +0000
An agency associated with the World Bank will finance installation of solar and hydropower systems, and support related transmission and distribution infrastructure, to provide more electricity to areas of West Africa. The World Bank Group’s International Development Association (IDA) is investing $311 million into the Regional Emergency Solar Power Intervention Project (RESPITE), an initiative designed […]
The post World Bank Group Financing West Africa Power Project appeared first on POWER Magazine.
Read moreCredit to Author: Tim Tyler| Date: Sat, 12 Nov 2022 15:00:36 +0000
The World Bank has just released a new research study on how developing countries can transition to electric mobility. The in-depth 228-page study explores cost-effective starting points for developing countries to meet electrification goals and to come in line with a net-zero carbon trajectory. Some of the starting points explored in the research are electric […]
Credit to Author: Tina Casey| Date: Mon, 03 Oct 2022 18:00:53 +0000
The tiny island nation of Barbados could wield a big green hydrogen stick while demonstrating that energy and food security can coexist.
Credit to Author: Steve Hanley| Date: Fri, 23 Sep 2022 20:00:27 +0000
Climate change was on the agenda at the United Nations this week, but according to all reports, it took a back seat to other concerns.
Credit to Author: The Manila Times| Date: Thu, 09 Jan 2020 04:30:08 +0000
THE World Bank on Wednesday maintained its 2019 to 2021 Philippine economic growth projections. In its January 2020 “Global Economic Prospects Slow Growth, Policy Challenges” report released late Wednesday, the bank projected the Philippine economy to grow by 5.8 percent this year, a slowdown from the 6.2 percent expansion in 2018 and also below the 6.0 to […]
Read moreCredit to Author: Ciara Gillan| Date: Thu, 24 Oct 2019 23:20:32 +0000
According to a yearly in-depth report from the World Bank in June 2019, 57 countries have committed to implementing or scheduling carbon pricing initiatives, including a carbon tax. So far, 46 national and 28 subnational jurisdictions have adopted carbon pricing to help reduce their greenhouse gas emissions and keep in line with their 2030 objectives and the Paris Agreement. And since last year’s report, 11 more countries have committed to scheduling carbon pricing for implementation
Credit to Author: Darrell Proctor| Date: Wed, 01 May 2019 04:01:04 +0000
Geothermal energy has been around forever, used as a heating source across the world. Today it has surfaced as another renewable resource, with advancements in drilling technology bringing down costs and opening new areas to development. In conjunction with the feature article on geothermal in the May 2019 issue of POWER, we sought opinions from […]
The post Q&A With Geothermal Experts appeared first on POWER Magazine.
Read moreCredit to Author: cbibe| Date: Wed, 06 Feb 2019 23:17:20 +0000
President Donald Trump on Wednesday tapped a well-known World Bank critic to lead one of the world’s primary development lending institutions.
The post Trump taps fierce World Bank critic to take its helm appeared first on Inquirer News.
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