Tuesday, July 7th, 2020

World bank aid for Pollution free Environment

INVC,, New Delhi,,

The World Bank provides aid for the growth of pollution free environment.The following two World Bank-supported projects specifically aim to help the growth of a pollution free environment:

1. The Montreal Protocol Phase-out Program for the phase-out of Ozone Depleting Substances (ODS). The program which commenced in 1994 with a financial envelope of about USD 186 million, disbursed over 5 sub-programs.

(ODS-I to ODS-IV) is scheduled for financial closure by December 2011. The details of Sub programs are as under:

S.No. Sub Program Year of Approval Allocation

i) ODS-I 1994 USD 1.25 million

ii) ODS-II 1995 USD 48.5 million

iii) ODS-III-CFC Gradual 1999 USD 82 million

Phase-out Project

iv) Halon Closure Plan 2001 USD 2.3 million

v) ODS-IV-CTC National 2003 USD 52 million

2. Chiller Energy Efficiency Project: Approved in 2009 for USD 7.3 million (USD 6.3 million from Global Environment Facility and USD 1 million under the Montreal Protocol). The project aims at accelerating the replacement of 370 CFC-based inefficient chillers used in commercial buildings and industrial establishments.

This information was given by the Minister of State for Environment and Forests (independent charge) Shri Jairam Ramesh. [caption id="attachment_12058" align="alignnone" width="425" caption="Minister of State for Environment and Forests (independent charge) Shri Jairam Ramesh "]Minister of State for Environment and Forests (independent charge) Shri Jairam  Ramesh [/caption]

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