India gets over 100m dollars to phase out CFC's

[Brad De Long]

>India will get an $82 million grant to phase out the production of 
>ozone depleting substances such as chlorofluorocarbons (CFCs).
>
>This is from the Multilateral Fund set up to implement the Montreal 
>Protocol on such substances.
>
>India is chair of this fund, but the project is implemented through 
>the World Bank.
>
>Could this be a precedent for capital transfers to other developing 
>countries not just for phasing out CFC's but for other crucial 
>issues in the management of the environment?
>
>
>
>Chris Burford
>
>London

Hope so...

Brad DeLong