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World Bank loan to support China's energy-savings, emissions reduction |
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16:36, June 03, 2008 |
The World Bank recently approved three loans, valued at 441 million U.S. dollars, to support such projects as China's energy efficiency financing project (in addition to 13.5 million U.S. dollars from the Global Environment Facility) and the Shandong Smoke Desulfurization project, so as to help China improve its energy efficiency and reduce power plant emissions. The amount of the three loans accounted for nearly one-third of planned loans that the World Bank will provide to China in 2008.
By People's Daily Online
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