World Bank Approves $203 Million for Ethiopian Geothermal Power
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The World Bank approved $203 million to help Ethiopia exploit its geothermal energy resources.
The bank approved a $178.5 million loan from its International Development Association unit and a $24.5 million grant from the Scaling-up Renewable Energy Program Trust Fund, it said in a statement on its website. The trust fund is one of the Climate Investment Funds that provide money to developing countries to help them tackle climate change.