Global environment fund gives money to dirty fuel

The world’s biggest fund for environmental projects is investing for the first time in a non-renewable, polluting fuel — coal — in what it says is a new pragmatic approach to the energy needs of the developing world.

The Global Environment Facility, managed by the World Bank and United Nations agencies, said on Tuesday it was putting $45.5 million towards an overhaul of some of power-hungry India’s ageing coal-fired plants to make them more efficient and less polluting.
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