30/11/2009 (Agence Europe) - The European Investment Bank (EIB) is to provide €100 million to the Islamic Republic of Pakistan to part-finance investments in the renewable energy sector. The operation will be co-financed with the Asian Development Bank (ADB) under an innovative arrangement: the EIB will delegate to the ADB a series of tasks concerning loan administration and project monitoring. This innovative approach is in line with the principles of the 2005 Paris declaration on aid...