WASHINGTON, December 2, 2008- The following project was approved today by the World Bank’s Board of Executive Directors: IBRD Loan: US$120 million TERMS: Maturity = 20 years; Grace = 5 years Project Description: The project will support the government’s efforts to deliver direct environmental and economic benefits from the integration of biogas in farming and cooking in rural households. In addition, the project aims to reduce greenhouse gas emissions through methane combustion and reduced burning of coal and firewood in the project areas. There are three components to the project: (a) integrated eco-farming systems; (b) local technical extension and biogas service system; and (c) project management, monitoring and evaluation. Media Contact Mohamad Al-Arief (202) 458-5964 malarief@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?Projectid=P096556&Type=Overview&theSitePK=40941&pagePK=64283627&menuPK=64282134&piPK=64290415 P096556 |
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