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World Bank axes coal-power funds: While India is unfazed by the decision, other developing countries may be hit hard

Radhakrishnan, Uthra (2013) World Bank axes coal-power funds: While India is unfazed by the decision, other developing countries may be hit hard. Down To Earth, Vol.22 (6). pp. 12-13. ISSN 0971-8079

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Official URL: https://www.downtoearth.org.in/news/world-bank-axe...

Abstract

WORLD Bank’s new energy strategy could leave developing countries in the dark. In a bid to address climate change concerns, the Washington-based global development powerhouse has decided not to fund new coal-fired power plants in developing countries. The policy shift, although in the pipeline for a while now, is still significant as the Bank had approved a $3.75 billion loan for the world’s seventh largest coal power plant in South Africa only two years ago.

Item Type: Articles
Keywords: India, World Bank, Developing Countries, Energy, Policy, Projects, Health, Disease, Forests, Conflicts
Subjects: Right to Resources
Depositing User: Users 4 not found.
Date Deposited: 01 Feb 2022 04:33
Last Modified: 01 Feb 2022 04:33
URI: http://icsfarchives.net/id/eprint/10976

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