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Wednesday, December 28, 2022 9:47:47 AM
Story by Reuters • Dec 20
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BOGOTA, Dec 20 (Reuters) - The World Bank Board on Tuesday approved $1 billion in financing for Colombia to help the country accelerate its energy transition, promote sustainable land use, and build resilience in the face of climate change, it said in a statement.
The loan will support a reform program to assist Colombia's moves to lower its carbon emissions, particularly in the energy and transport sectors, including by increasing non-conventional renewable energy production output and developing a green hydrogen industry, the World Bank added.
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