19
JAN
2016

Oyu Tolgoi: IFC’s Largest Syndication Deal and MIGA’s Largest Guarantee

Posted By :
Comments : 0
It was a deal years in the making—through a commodity supercycle, and coinciding with Mongolia’s emergence as an upper middle-income economy. And for Mongolia, more than $2 billion in World Bank Group support for the Oyu Tolgoi mine has provided a needed economic boost that...
Read More
12
DEC
2015

WBG President Hails Global Climate Change Agreement at COP21 in Paris

Posted By :
Comments : 1
WASHINGTON, December 12, 2015—The World Bank Group issued the following statement from World Bank Group President Jim Yong Kim on the Global Climate Change Agreement at COP21: “We welcome the historic agreement that has just been reached in Paris. The world has come together to...
Read More
05
NOV
2015

Energy access is a social justice issue

Posted By :
Comments : 1
ACCRA, Ghana – Energy rationing is popularly nicknamed “dum-sor,” or “on-off” in Ghana, an expression that people use to talk about the country’s frequent power outages. This is a challenge faced by countries across the region – sub-Saharan Africa loses 2.1 percent of gross...
Read More
12