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World Bank

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World Bank approves $1.5 bln financing for India's low carbon energy sector

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The World Bank said on Friday it has approved $1.5 billion in financing to accelerate the development of India's low carbon energy sector.
The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement.
https://www.zeebiz.com/india/news-world-bank-world-bank-financing-india-world-bank-ajay-banga-india-carbon-energy-sector-climate-change-renewable-energy-carbon-energy-investments-242296



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  • Peter Karanga

    24 w

    good job

    • Gorffly mokua

      84 w

      Great! But they should make a follow up to ensure the money is directly channeled to the intended program.

      2
      • We Don't Have Time

        89 w

        Dear Rashid Kamau Thank you for getting your climate love to level 2! We have reached out to World Bank and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time

        4
        • George Kariuki

          90 w

          This is a massive step in the right direction.

          5
          • winnie nguru

            90 w

            This is commendable. India can now accelerate renewable energy for all

            7
            • Kevin

              90 w

              Financing goes a long way in mitigating effects of climate change ad averting disasters

              16
              • Ajema Lydiah

                90 w

                @Kevin true

                4
              • Ajema Lydiah

                90 w

                great,financing countries can help mitigate climate change

                17
                • Elizabeth Gathigia

                  89 w

                  @ajema_lydiah Alot indeed

                  1

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