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PH picked for WB ‘green accounting’ project

By
Environment Secretary Ramon Paje

The Philippines has been chosen along with four other countries for the pilot implementation of a World Bank-led partnership to develop “green accounting,” or the inclusion of the value of natural resources in measuring a nation’s economic progress.

Posted: April 20th, 2013 in Latest Global Nation Stories | Read More »

World Bank estimates losses due to corrupt acts at $1.3 trillion

By
World Bank

An anticorruption crusader on Thursday cited a World Bank financial study that quantified the “devastating effect” of illicit financial flows through corruption at $1.3 trillion a year.

Posted: February 1st, 2013 in Latest Global Nation Stories | Read More »

WB extends $57-M aid to DENR by another year

By
World Bank

The World Bank has extended for another year its funding of a 5-year program worth $57 million that supports projects of the Department of Environment and Natural Resources (DENR) from wildlife management to the improvement of air quality and the rehabilitation of Manila Bay.

Posted: December 21st, 2012 in Latest Global Nation Stories | Read More »

Arab world to bear brunt of climate change—World Bank

By
UN Secretary-General Ban Ki-moon addresses the opening of the high-level segment of the annual UN climate talks involving environment ministers and climate officials from nearly 200 countries, in Doha, Qatar, Tuesday, Dec. 4, 2012. A World Bank report said on Wednesday  Global warming will have dire consequences for the Middle East and North Africa, with even hotter and drier conditions devastating everything from agriculture to tourism.  AP PHOTO/OSAMA FAISAL

Global warming will have dire consequences for the Middle East and North Africa, with even hotter and drier conditions devastating everything from agriculture to tourism, a World Bank report said on Wednesday.

Posted: December 5th, 2012 in Latest Global Nation Stories | Read More »

Asia’s giants highly exposed to natural disasters – survey

The United States and Japan have the highest bills to pay from natural disasters, but Asia’s emerging giants — China, India and Indonesia — are proportionately at greater risk from them, a survey said on Thursday.

Posted: August 11th, 2011 in Headlines,Latest Global Nation Stories | Read More »

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