GEF grant given to India
Q. GEF signed between WB and Department of Economic Affairs of which country on May 31?- Published on 01 Jun 16a. India
b. Pakistan
c. Afghanistan
d. Sri Lanka
ANSWER: India
An agreement for Global Environmental Facility (GEF) Grant of USD 9.20 Million with theWorld Bank for"Efficient and Sustainable City Bus Service Projectâ was signed on May 31
- The total program cost is USD 113.0 million, with USD 9.20 million as grant from the GEF and USD 103.07 million from Government of India and state & city governments for funding of buses and ancillary infrastructure.
- The project's development objective is to improve the efficiency and attractiveness of city bus transport and reduce greenhouse gas emissions in the demonstration cities.
- It comprises: (i) a national capacity building component to be implemented by Ministry of Urban Development (MoUD); and (ii) city demonstration projects in the cities of Bhopal, Chandigarh, Jaipur and Mira Bhayandar.