Expanding Access To Electricity In Rural Bangladesh: "The World Bank today announced the approval of a US$191 million International Development Association (IDA) credit and a US$8 million Global Environment Facility (GEF) grant for the Rural Electrification and Renewable Energy Development Project, that expands access to environmentally-sound energy in remote communities in Bangladesh...  [It will] extend the electricity system to nearly 700,000 remote households and small businesses"  Contact: Ricardo Castro (1-202) 458-5157 E-mail: rcastro3@worldbank.org.  9:31:46 AM    

Prototype Carbon Fund Increase In Capital: "The increase of $35 m was announced at the PCF annual meeting in Zakopane, Poland. This brings the total fund capital to $180 m, almost twice the amount originally projected, extending the PCF's carbon emissions reduction reach in the developing world. 'There was so much enthusiasm, that more capital was offered than could be absorbed, forcing the Fund to resort to an allocation system among the contributors. These companies see the PCF as a powerful tool for carbon emissions reductions as the world copes with the threat of imminent and destructive climate change,' said Ken Newcombe, the Prototype Carbon Fund Manager. "  9:29:04 AM    

Sri Lanka Renewable Energy For Rural Economic Development Project: "Date: June 20, 2002 CREDIT AMOUNT: IDA: US$75 million GRANT AMOUNT: GEF: US$8 million. This project's objectives are to: (i) Improve the rural quality of life by providing electricity access to remote communities through off-grid renewable energy technologies; and (ii) Promote private sector power generation for the main grid from renewable energy resources. For more information, please call Ricardo Castro at (202) 458.5157, or e-mail Rcastro3@worldbank.org "  9:26:26 AM