International Finance Corporation, the private investment arm of the World Bank Group, has signed its very first first carbon delivery guarantee agreement in India.
IFC signed a deal for 8,50,000 carbon credits from Rain CII Carbon (India) Ltd, an IFC client for over 15 years and now the largest merchant of calcined coke in the world [...]
Archive for March 21st, 2008
IFC Signs Its First Carbon Delivery Guarantee In India
Posted in Daily Musings, Green Concepts, tagged carbon credits, Carbon Delivery Guarantee, carbon market, International Finance Corporation, Rain CII Carbon (India) Ltd on March 21, 2008 | Leave a Comment »
World Bank Seeks $ 5 Billion For Clean Energy Fund
Posted in Daily Musings, Green Concepts, tagged Clean Energy Fund, environmental transformation, World Bank on March 21, 2008 | Leave a Comment »
“Donor commitments to finance a World Bank clean technology fund for developing countries have not yet reached the $5 billion target…Kathy Sierra, World Bank Vice President for sustainable development. She said the fund would accelerate and scale up low carbon and climate-resilient investments in the developing world.
So far, the fund has commitments of $2 billion [...]
