World Bank, which has for years been accused of being anti-environment be green groups across the planet,Ift now come up with a report toSee its green credentials. The Bankprovided us $10 billions in loans toearvironmental projects in 62 countriesshace the 1992 Rio Earth Summit,W the report. The projects focus not&on pollution management but alsogaaie water treatment, support fornew technologies and building capacity for environnmental management.
And this is not all. It is now activelyJilsing build a global framework foractiment-friendly investment. Thegiving a green touch to itsbillion loan portfolio that willLeacla over the next 10-15 years, bybeducing new environmental plang and management standards. The6 is on the developing world, where'an change" is occurring, saysAndrew streer, director of the Bank'senvironmental department.