Workshop focusses on reducing GHG emissions
Forty participants from key stakeholders from the power industry including government agencies, government-linked companies and private agencies participated in the Brunei Darussalam National Climate Change Policy (BNCCP) Operational Document Task Force (ODTF) Workshop for Strategy 5 on Power Management.
Workshop focusses on UK oil and gas assets decommissioning
A FOUR-DAY Decommissioning and Restoration Workshop, hosted by the Ministry of Energy, Manpower and Industry (MEMI) in collaboration with the British High Commission in Brunei Darussalam for oil and gas industry assets, held at the Prime Minister’s Office (PMO) building, concluded yesterday. Permanent Secretary (Energy) at the MEMI Haji Azhar bin […]
World Bank aids Vietnam transition to a solar auction programme
The Global Infrastructure Facility’s (GIF) Governing Council approved $1.5 million in funding to support the World Bank’s work with the government of Vietnam on a Solar Pilot Auction Programme. The GIF, working with the World Bank’s Energy Global Practice, will help the government to design and structure the Auction Programme to transition from a feed-in […]
World Bank and Myanmar Sign Pact to Provide Off-Grid Solar Products in Rural Areas
The World Bank has signed an agreement with the Government of Myanmar to provide off-grid solar products to 450,000 people in rural Myanmar. The result-based financing for off-grid solar products is worth $3.45 million. It is co-funded by the Global Partnership for Results-Based Approaches (GPRBA) and the Energy Sector Management Assistance Program (ESMAP).
World Bank Approves $460 Million Funding for Power Generation, Health Services in Myanmar
YANGON—The World Bank (WB) has announced it will provide a total of US$460 million (645 billion kyats) in credit to Myanmar to upgrade electricity power generation projects and increase access to quality essential health services, with a focus on maternal, newborn and child health. The WB said on Saturday its board approved $350 million in credit […]
World Bank approves Indonesia loan, funding for clean energy and health
The World Bank said on Tuesday it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia, for which it will provide $500 million in financial support, and $600 million toward a project to improve childhood nutrition.
World Bank funds $86m for Vietnam energy efficiency projects
The World Bank has given a $11.3m grant to the State Bank of Vietnam on behalf of the Green Climate Fund (GCF) so it can lend companies money to improve energy efficiency.
World Bank Issues Its First ‘Green Loan’ to Vietnam
A division of the World Bank has just made its first so-called “green loan” to a bank in Vietnam, meant for businesses to help with environmental problems in a nation that has one of the world’s highest emissions rates relative to its economy. Vietnam has a fast growing economy but also has a fast growing […]
World Bank Issues its First ‘Green Loan’ For Environmental Businesses in Vietnam
A division of the World Bank has just made its first so-called “green loan” to a bank in Vietnam, meant for businesses to help with environmental problems in a nation that has one of the world’s highest emissions rates relative to its economy. Vietnam has a fast growing economy but also has a fast growing […]
World Bank offers to resolve Vietnam’s solar power dilemma
The World Bank has offered solutions for Vietnam to prevent a recurrence of its grid capacity shortage caused by indiscriminate licensing of solar plants. Last year 91 solar farms with a total capacity of 4,550 MW began operations. Most were built before June 30 to take advantage of a price incentive. But the surge in output […]