World Bank
World Bank Commits $54.4 Million To Reliable Electricity & Renewables In Mongolia
The World Bank announced last week that it would contribute $54.4 million in financing to help the Mongolian government address important electricity reliability issues while also supporting the development of the country’s first large-scale solar PV power plant. The landlocked…
OUR CITIES BOOMERANG CHALLENGE: Can you make a #Loop4Dev? (VIDEO)
Ever notice how cities can really encapsulate many of the things that make life enjoyable? Green spaces to enjoy the outdoors, access to jobs, affordable housing for all, a well-connected public transportation system, access to healthy food, schools for all…
Indonesia Pledges $1 Billion Annually to Tackle Ocean Pollution Problem
Indonesia unloads more plastic into the oceans than any other country, except China. But now the country plans to invest $1 billion every year to reduce ocean pollution 70 percent by 2025. Indonesia will spend the entire sum on tackling…
World Bank Mandates 500 MW of New Solar Capacity for Zambia
Southern African nation Zambia has this week received the greenlight from the World Bank to receive funding and support for the development of 500 MW of new solar PV capacity. Having last year partnered with the World Bank’s Scaling Solar…
Taxi GPS Data Could Unsnarl Traffic in Developing Regions, World Bank Says
In most cities, some portion of that traffic has typically been made up of taxis and, more recently, cars linked to ride-sharing services like Uber and Lyft. But could these cars help solve the traffic problems they have seemingly created?…
US Firm in Battle for East African Multimillion Dollar Wind Power Project
A sustained seven-year effort by U.S. wind power firm Cordisons International Ltd. to put up a multimillion dollar 90-MW wind farm in Kenya may have come to an end after the country’s land custodian National Land Commission (NLC) declined to…
Solar Energy to Power India of the Future
The World Bank Group is moving to help India deliver on its unprecedented plans to scale up solar energy, from installing solar panels on rooftops to setting up massive solar parks. This will catapult India to the forefront of the…