Thursday, June 21, 2012

Africa - Voice of America: Development Banks to Fund Sustainable Transport

Africa - Voice of America
africa
Development Banks to Fund Sustainable Transport
Jun 21st 2012, 16:45

The world's eight largest development banks say they'll invest 175 billion dollars to finance sustainable urban transportation systems. The announcement came at the U.N. Conference on Sustainable Development, also known as Rio plus 20. The banks will invest the funds over the next 10 years, saying better transportation will spur development and protect the environment and public health. "I think this is a real breakthrough for sustainable transport and sustainable development. It ...

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