Work on Investment Framework for clean energy and sustainable development launched; Finance and Development Ministers address climate change.

0 Comments | M2 Presswire, September, 2005

M2 PRESSWIRE-26 September 2005-WORLD BANK: Work on Investment Framework for clean energy and sustainable development launched; Finance and Development Ministers address climate change(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:24092005 WASHINGTON - Responding to the recommendations of the July G-8 Summit Plan of Action on Climate Change, the G-8 Presidency (United Kingdom) and the World Bank today launched work on an Investment Framework for clean energy and sustainable development during the World Bank-IMF Annual Meetings.

Early results on the design of that investment framework will be presented next year. "We have an opportunity today, to think outside the box and find new ways, practical solutions, to promote the generation and diffusion of low carbon...