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World Bank 'green' to aid Mexico with environment. (Originated from Journal of Commerce Staff)
WASHINGTON _ The World Bank approved Thursday a $918 million loan package, calling it ``a major step in solving some of Mexico's most serious environmental problems, especially along the U.S. border.''
The loans, the bank said, will be matched by $1 billion in Mexican government financing for projects totaling close to $1.9 billion.
Yet further financing will follow, the bank said. It plans to approve as much as $1.8 billion over the next three years for Mexican environmental purposes, mainly for water treatment and sanitation, solid-waste management, air quality and urban transport.
For the United States the loans are expected to offer a twofold benefit _ major ...
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