Why Support Coal-burning Power Plants?
* Japan Launches Trade Finance Initiative in Cooperation with IFC * Briefing – HIV and AIDS in South Asia NEWS Bank joins Partnership to Support Eastern Europe The largest multilateral investors and lenders in Eastern Europe – the EBRD, the EIB Group, and the World Bank Group – have pledged to provide up to €24.5 billion to support the banking sectors in the region and to fund lending to businesses hit by the global economic crisis. This initiative complements national crisis responses and will deploy rapid, large-scale and coordinated financial assistance from the International Financial Institutions to support lending to the real economy through private banking groups, in particular to small and medium-sized enterprises. The financial support will include equity and debt finance, credit lines, and political risk insurance. The response takes into account the different macroeconomic circumstances in and financial pressures on countries in Eastern Europe, acknowledging the diversity of
