New partnership to help Egyptian farmers buy solar irrigation systems

Using solar power for pumping water is estimated to help farmers save $875m annually in diesel fuel costs

World Bank approves $200m to improve air quality in Egypt

The project will focus on reducing emissions from vehicles, improving the management of solid waste and strengthening the air and climate decision-making system in Greater Cairo

Almost 2.8bn people still ‘cooking with polluting fuels and technologies’

Nearly half of the global population lack the ability to cook efficiently or cleanly, says the World Bank

Green finance
New fund to pave the way for low carbon and resilient cities in developing and emerging economies

It is a collaboration between ministers and directors of the Governments of Germany and Luxembourg together with the World Bank, European Investment Bank and the Global Covenant of Mayors

World Bank grants Thailand $5m to protect ozone layer and climate

The country is one of the world’s 10 largest importers and consumers of ozone-depleting hydrochlorofluorocarbons

BEIS and IFC seek innovative sustainable cooling solutions

With 10% of global greenhouse gas emissions coming from cooling, new solutions are critically needed to address the climate footprint of growing demand

Argentinian agribusiness lent $100m for green projects

The financing will support the establishment of an anaerobic biodigester to produce renewable energy from animal waste that will be sold to the grid

World Bank launches new $5bn sustainable development bond

It says ‘extremely strong demand’ from global investors for the USD benchmark led to an order book of more than $6bn

Global gas flaring in 2019 ‘hit highest level in a decade’

Russia, Iraq, the US and Iran are the four biggest flarers and account for almost half of global gas flaring, according to a new report

New project aims to power up 450,000 homes in rural Myanmar

More than two thirds of households in rural areas rely on candles, kerosene, low quality batteries and diesel generators to meet their power needs