Multilateral development assistance
World Bank
NGOs condemn dam power at COP21
Major hydropower projects like the large-scale dams under way in Cambodia’s waterways are a “false solution” to climate change, according to a global coalition of 300 NGOs who are calling on parties at UN climate talks in Paris (COP21) to bar such schemes from climate ...
Sunlabob to implement rooftop solar at World Bank office in Laos
Sunlabob Renewable Energy Ltd., a venture-backed company specializing in renewable energy and clean water products, recently finalized a contract to implement a 40 kWp building-integrated photovoltaic (BIPV) solar system on the roof of the new World Bank office in Vientiane. Keep reading ...
World Bank approves $400m electrification loan
The World Bank approved a US$400 million interest-free loan to provide financing and technical assistance to help bring electricity to more than 6.2 million people in Myanmar, the bank announced on 17 September. The loan will support Myanmar’s National Electrification Plan and was granted by the ...
World Bank offers funds for Myanmar's national power plan
The World Bank approved an interest-free loan to Myanmar of US$400 million on 16 September to aid the country’s ambitious National Electrification Plan and its goal of ensuring nationwide access to electricity by 2030. In a statement issued on Wednesday, the Bank said the loan would assist expansion ...
Poverty reduction for Laos receives boost from further World Bank financing
The Government of Laos and the World Bank on 17 August signed agreements for three projects aiming to improve the efficiency and reliability of electricity, to improve women’s and children’s health and nutrition, and to enable the construction of vital infrastructure including schools, health clinics, roads, ...
World Bank ups Vietnam GDP forecast
Vietnam’s economic growth could reach 6-6.2 percent this year underpinned by further recovery in domestic demand, in turn reflecting robust private consumption and investment growth, according to a World Bank report. The medium-term outlook for Vietnam is positive on balance in the context that growth in developing ...
World Bank loans Vietnam $507 mln for agriculture, poverty reduction, transport
Vietnam’s central bank and the World Bank on Thursday signed four credit agreements totaling US$507 million to support Vietnam’s priorities in sustainable agriculture, poverty reduction, and a bus rapid transit system. The financing covers four projects: the Sustainable Agriculture Transformation Project (US$238 million), additional financing for ...
