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 Belarus invites World Bank to implement joint projects in energy saving | Business news, Belarus | Belarus.by
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9 Aug 2017

Belarus invites World Bank to implement joint projects in energy saving

MINSK, 9 August (BelTA) – Belarus offered the World Bank to co-implement $1 billion worth of joint projects in energy saving, Chairman of the Belarusian State Standardization Committee Viktor Nazarenko noted during the online conference hosted by BelTA on 9 August.

In his words, Belarus and the World Bank have been successfully carrying out joint projects in energy saving, energy efficiency, and alternative energy for many years.

Currently the sides are conducting a research to define practical measures to boost Belarus’ energy efficiency. There are plans to implement them later in a new joint project. Belarus is also discussing the possibility of borrowing additional $80 million from the World Bank to construct over 40 boiler houses running on wood fuel.

“All in all, in 2016-2017 Belarus sent proposals to the World Bank to carry out over $1 billion worth of joint projects in energy saving,” Viktor Nazarenko added.

 

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