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World Bank says Paris climate goals at risk from new coal schemes

Jim Yong Kim says slowing down growth in coal-fired power stations is essential in order to reduce emissions Slowing down construction of coal-fired power stations will be vital to hit globally agreed climate change goals, the World Bank president, Jim Yong Kim, said as he outlined a five-point plan to flesh

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World Bank, India Sign Deal to Boost Solar Globally

  The World Bank Group today signed an agreement with the International Solar Alliance (ISA), consisting of 121 countries led by India, to collaborate on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement signed in the presence of Finance Minister

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Heads of states and top organizations challenge world to quadruple carbon markets by 2030

28th April 2016 LONDON: Leading heads of states along with prominent global organizations, have called today to expand carbon pricing to cover double the current level of global emissions by 2020 – and quadruple it by 2030. The Carbon Pricing Panel, convened by the World Bank Group and the International Monetary Fund, has

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