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World Bank approves $202 million Mexico loan |
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| USA: August 7, 2002 | ||
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WASHINGTON - The World Bank said on Tuesday it has approved a $202 million loan backing efforts to improving environmental efforts in Mexico. The bank said in a statement the cash will be used to better balance sustainable development with sound environmental management in key areas such as water, energy, tourism, and forestry.
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"Better integration of environmental issues into economy-wide policies is essential to ensure sustainable development," said World Bank Director for Colombia, Mexico and Venezuela Olivier Lafourcade. "Future sustainability will benefit the poor and vulnerable in the form of improved environmental and health conditions."
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REUTERS NEWS SERVICE
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