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World Bank to back India's solar power initiative
2016-06-30 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Indian Finance Minister Arun Jaitley, right, shakes hand with World Bank President Jim Yong Kim, in New Delhi, India, Thursday, June 30, 2016. The World Bank Group Thursday signed an agreement with the International Solar Alliance, consisting of 121 countries led by India, to collaborate on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investment by 2030. The World Bank signed an agreement on Thursday with the Indian-led International Solar Alliance to...
India to get over $1 billion from World Bank for Modi's solar goals
2016-06-30 14:53:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head. Modi is banking on India's 300 days a year of sunshine to generate power and help fight climate change rather than committing to emission cuts like China. The World Bank loan is the global lender's biggest solar aid for any country and comes as India has set a goal of raising its solar capacity nearly...
India to get over $1 billion from World Bank for Modis solar goals
2016-06-30 12:23:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head. Modi is banking on India`s 300 days a year of sunshine to generate power and help fight climate change rather than committing to emission cuts like China. The World Bank loan is the global lender`s biggest solar aid for any country and comes as India has set a goal of raising its solar capacity nearly...
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,...
Brexit: Singapore bank UOB suspends London property loans
2016-06-30 05:28:27| BBC News | Business | UK Edition
Singapore's UOB suspends its loan programme for London properties, citing uncertainty caused by the UK's vote to leave the European Union.
Tags: property
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