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World Bank approves Croatia's project on renewable sources of energy

WASHINGTON, June 24 (Hina) - The World Bank on Thursday approved theproject on renewable sources of energy for Croatia which should enablebigger use of pure energy in Croatia.
WASHINGTON, June 24 (Hina) - The World Bank on Thursday approved the project on renewable sources of energy for Croatia which should enable bigger use of pure energy in Croatia.

The project will be financed with a deed of donation made by the Global Environment Facility (GEF), worth US$5.5 million. Private commercial banks and users of the project are expected to donate another US$120 million, the World Bank reported.

The project will help the creation of a market for technologies of renewable energy in Croatia which would lead to the use of pure energy, create new jobs and lower Croatia's need to import the energy.

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