World Bank

UN Pact Acknowledges Climate Migration for the First Time
The final draft of a UN compact on migration published July 11 recognized the existence of climate refugees specifically for the first time, The Thomas Reuters Foundation reported Thursday. The Global Compact for Safe, Orderly and Regular Migration acknowledged climate…

Ph.D. Aleksandar Joksimovic: The Adriatic is Our Heritage – We Must Preserve It!
With four national parks and a multitude of forest systems, more than 50 protected plant species and 320 animal species, although small in size, Montenegro has three different natural environments at a distance of only 100 kilometers: the coast, karstland, and…

Climate Change Already Damaging Health of Millions Globally, Report Finds
The health of hundreds of millions of people around the world is already being damaged by climate change, a major report has revealed. Heatwaves are affecting many more vulnerable people and global warming is boosting the transmission of deadly diseases…

Vietnam To Launch Solar Power Auctions
The World Bank and the Vietnam’s Ministry of Industry and Trade (MoIT) have joined hands to implement a pilot auction program for solar projects. According to a local media report, the program is aimed at accelerating the development of registered…

Commercial Operations Begin at Vietnam’s 260-MW Trung Son Hydropower Plant
The first hydropower project in Vietnam financed by the World Bank, the US$412 million 260-MW Trung Son hydropower project, began commercial operation on Sept. 6. The facility is located in Trung Son commune, Quan Hoa district, Thanh Hoa province, Vietnam,…

Argentina Seeks 550MW of Wind Energy in New Tender
Approximately 550MW of wind capacity has been made available in the country’s latest renewables tender. The tender marks the start of the second round of the Renovar programme, which aims to lift renewables participation to 20% by 2025. In total,…

Reports: World Bank Warns of Environmental Risk from Clean Energy Transition
Growing demand for metals and minerals used in clean technologies could present new environmental challenges for the planet unless decarbonisation efforts are effectively managed, the World Bank has warned. In order to meet the Paris Agreement goal of keeping average…



