Govt In Talks For More World Bank Green Loans

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First published in Sanctuary Asia, Vol. 31 No. 1, January 2011

 

Leaving behind his recent doubts about the compatibility of environmental conservation and development, the minister also renewed his pledge not to strain the environment too much.

 

“Our government is clear about the need to reflect and factor in ecological concerns into our growth process so that the benefits of growth can be achieved without critically straining the environment," he said.

 

The World Bank, which provides capital loans to developing countries, is already supporting a $220 million (Rs1,000 crore) program for coastal management and is preparing a $1 billion loan to support cleaning up the Ganga. Read the full report here.

 

Source: by Sreejiraj Eluvangal, DNA, New Delhi.

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