World Bank initiates carbon footprint analysis.
| Author | Block, Ben |
| Position | EYE ON EARTH |
The World Bank, in collaboration with the world's leading multilateral development banks, is creating a common method for estimating the greenhouse gas emissions associated with development projects. The assessments are expected to bring greater transparency to lender investment portfolios and to encourage developing country clients to follow low-carbon development paths, analysts said in July.
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The Bank's decision to measure project-level emissions comes after decades...
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