World Bank approves financing for Caspian pollution, biodiversity project

Baku, April 14 (IANS) The World Bank has approved a five-year project worth $8.24 million to strengthen pollution monitoring and biodiversity protection in the Caspian Sea, Report news agency said. The initiative, titled “Blueing the Caspian Sea: Building Capacities for Pollution Management and Biodiversity Conservation,” is expected to benefit Azerbaijan, Kazakhstan and Turkmenistan. The project […]
World Bank warns Zimbabwe on climate-induced economic losses

Harare, Feb 1 (IANS) The World Bank (WB) has warned that climate change could erode up to 12 per cent of Zimbabwe’s Gross Domestic Product (GDP) annually if the country does not implement robust measures to tackle the phenomenon. In its latest Zimbabwe economic update report launched in Harare, Zimbabwe’s capital, the WB urged Zimbabwe […]