World Bank to raise $500 mn for geothermal energy
The World Bank launched a fund in Reykjavik on Wednesday to come up with $500 million for developing geothermal energy in developing countries.
The World Bank launched a fund in Reykjavik on Wednesday to come up with $500 million for developing geothermal energy in developing countries.
The president of the World Bank on Saturday warned the finance chiefs of the world's leading economic powers that global warming is a real risk to the planet and already affecting the world economy in unprecedented ways.
(AP)—The Middle East and North Africa will be especially hard hit by climate change in the coming decades, the World Bank said in a report Wednesday, saying the region will see less rainfall, more recording-breaking ...
The World Bank warned that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor.
The European Union and the United States should stop using biofuels as they are hampering food production, the UN's special rapporteur for the right to food Olivier De Schutter told AFP on Wednesday.
(Phys.org) -- Atheists and believers alike will repeatedly sacrifice large portions of their income to unresponsive entities in the hope of a better outcome, a new study suggests.
The World Bank said on Monday it plans to buy carbon credits from pig farms in the Philippines, helping farmers generate extra income by setting up environment friendly waste treatment facilities.
The world's city dwellers are fast producing more and more trash in a "looming crisis" that will pose huge financial and environmental burdens, the World Bank is warning.
Instances of the so-called tail wagging the dog abound. Add to that club mobile-money services, the idea that you can make financial transactions of all kinds using only a cellphone.
The World Bank was on Friday to propose a coalition of governments, global organisations and other groups to protect the oceans, aiming to raise $1.5 billion in the next five years for the purpose.
When food prices spiked in 2008, the number of households that moved into poverty was overestimated by about 60 percent, according to a recent University of Illinois study. In middle-income countries such as Mexico that have ...
(PhysOrg.com) -- Smaller companies are more likely than larger firms to commit illegal backdating of executive stock options but are less likely to be punished, say researchers at the University of Michigan.
South Africa signed a $250-million (183-million-euro) loan deal with the World Bank on Monday aimed at adding 200 Megawatts of solar and wind power to the coal-dependent country's grid.
Climate change will bring more floods and extreme weather to Southeast Asia, a World Bank official said Thursday on a visit to the region, where hundreds have died in severe inundation.