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02/09/2012
Former Owner of Illinois Technology Company Sentenced to Serve 30 Months in Prison for Role in Multi-State Scheme to Defraud Federal E-Rate Program
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02/09/2012
Food Storage and Processing Facility in Washington State Agrees to Resolve Seizure Action
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02/09/2012
Federal Government and State Attorneys General Reach $25 Billion Agreement with Five Largest Mortgage Servicers to Address Mortgage Loan Servicing and Foreclosure Abuses
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02/09/2012
Justice Department Dismisses Antitrust Lawsuit Against Deutsche Borse and NYSE Euronext
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02/09/2012
Libya: UN welcomes adoption of electoral laws
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02/09/2012
UN wraps up year of forests by highlighting their social and economic value
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02/09/2012
Wave of prison deaths in South America sparks alarm from UN human rights office
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02/09/2012
Rap artist 50 Cent visits Horn of Africa with UN food relief agency
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02/09/2012
UN official urges Syria to immediately end violations against children
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02/08/2012
U.S. and Chinese Defendants Charged with Economic Espionage and Theft of Trade Secrets in Connection with Conspiracy to Sell Trade Secrets to Chinese Companies
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07/02/2008

News / Under Secretary McCormick Statement on World Bank Approval of Clean Technology Fund




"The United States welcomes the World Bank's decision today to establish a $5-$10 billion international clean technology fund that will reduce greenhouse gas emissions growth in the fastest growing developing countries by promoting low-carbon development.

"We have been working closely with the Bank's leadership, potential donor and recipient countries, as well as the environmental and business communities, to develop a Fund that effectively addresses the dual challenges of poverty and climate change.

"The President has requested from Congress $2 billion over the next three years for the Fund to support immediate action to help reduce greenhouse gas emissions in developing countries where they are growing the fastest through the deployment of commercially available clean technology."

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