World Bank Loan Offer $ 5 Billion for Anticipating Climate Change

Jakarta (ANTARA News) - The World Bank loan funds offer a low of 5 billion dollars the United States to developing countries for financing adaptation to climate change.

Announcement of Investment Climate Fund is presented by the World Bank on the second day of the hearing, which discussed the framework of cooperation to handle climate change, held in Bangkok on Tuesday (1 / 4).

Bangkok Post daily on-line version, on Wednesday, saying, Director of Environmental Affairs of the World Bank, Warren Evans, said this initiative is part of a three-year aid scheme that provides low-interest loans have tribes for programs related to climate change.

He is expanding programs that can be financed by this loan the World Bank, among others, development of clean technology, adaptation to climate change and sustainable forest management in developing countries.

Meanwhile, Evans continued, developed countries like the United States, Japan and the UK have pledged to allocate funds to the World Bank for Investment Climate Fund program is.

"We target of collecting funds to more than 5 billion dollars," he said.

Funds, said Evans, will be managed by the allocation mechanism that designed by the UN (United Nations) and NGOs.

The World Bank also target the discussion about the source of funds from donors can be completed in all ministers council, the minister of environmental G8 group of rich countries, in Tokyo, June.

Evans adds loan assistance schemes will also be approved by the executive council of the World Bank in the range of June.


NGOs skeptical response

In the other hand, environmental activists forced the World Bank loan program is a skeptic.

They mention a low loan assistance that overlap with climate change adaptation fund that is being designed by the UNFCCC (Convention on Climate Change Cooperation UN).

UNFCCC adaptation fund also aims to help finance developing countries in terms of financing programs of mitigation and adaptation to climate change.

The money is managed by the UNFCCC is sourced from various project Clean Development Mechanism (CDM), which is set in the Kyoto Protocol, and is expected to be collected up to 500 million dollars in the year 2012.

However, there is also concern the adoption of these funds will not reach the target as the maximum financial assistance to overcome the phenomena of global climate change.

Antonio Hill, senior pegiat from Oxfam, said the World Bank assistance scheme will be "crippling" Bali Plan of Action on the adaptation fund.

According to him, should funds be provided as grants rather than loans, because developing countries have been tortured in such a way as a result of the impact of climate change caused by emissions of greenhouse gases countries.

"Schemes such as the World Bank is your car and hit a home other people to damage, but then you offer loan money to the owner of the house to repair the damaged house," he said.

However, opinions vary by Evans, because according to his loan from the World Bank will not remove the framework of UNFCCC adaptation assistance.

"If we find elements of overlap, of course we will avoid. But in this case we do not have overlapping elements," said Evans.

If assistance from the UNFCCC adaptation funds for this is very complicated and slow to obtain, a loan from the World Bank estimated that this will be easier to access.

Evans mentioned the donor countries will pay the majority of funds, while developing countries and NGOs will be invited to participate in designing the formula and pattern of these funds.

The Council in Bangkok attended by 1,200 delegates from 163 countries around the world. They gathered since 31 March to 4 April, construct the framework of international cooperation treaties that are new, replacing the Kyoto Protocol which runs out in the first period of 2012.

In the Kyoto Protocol, 34 rich countries reduce the required greenhouse gas emissions to 5 percent of their numbers from 1990, emissions in the year 2012. (*)

source : http://www.antara.co.id/arc/2008/4/2/bank-dunia-tawarkan-pinjaman-5-miliar-bagi-antisipasi-perubahan-iklim/

Bank Mandiri loans for SMEs

JAKARTA - The difficulty of small and medium entrepreneurs in developing business is access to banking. Furthermore the number of the requirements such as financial reports and requirements, leaving other. The problem is in fact already classic, but until now there has been no solution. Banks are generally still apply stricter requirements on small and medium entrepreneurs that have the type of business, which is quite prospective.
The businessman is finally disposed pessimistic. Generally, they are "afraid", albeit not try. That had tried, many of which failed due to difficult credit requirements.
It also tried dijembatani by Bank Mandiri, the state-owned bank that is now the largest in Indonesia.
Here are various types of credit devoted to small and medium entrepreneurs from Bank Mandiri. Or is simple enough. Welcome to try!

Credit for Small (SEC)
SEC is a credit or financing from a bank or untk investment and working capital, which is given in rupiah and foreign currency or to small business customers with a total maximum credit ceiling of Rp. 500,000,000 - (five hundred million rupiah) to pay for a productive business.

SEC-Credit Investment
Credit-term / long is given to the (prospective) outstanding debtors to pay for capital goods in the framework of the rehabilitation, modernization, expansion or establishment of new projects, with a maximum term of 10 years.

SEC-Working Capital Loan
Credit is given to meet the needs of working capital in one out of the business cycle.

SEC-Contractor Working Capital Loan
Credit is given to meet the needs of working capital for business services contractor that runs out in a business cycle.

SEC-channeling
Credit or Working Capital Investment Credit provided through cooperation with the Financing Institute or other banks. To obtain SEC-channeling requirements, the form of individual businesses, the business body that is not a legal or business, which is a body of law, including cooperatives. Stand alone or are not affiliated with a secondary business or big business. Property net a maximum of Rp. 200 million. The results of the annual sales of Rp 1 billion. Share your own funds and at least 20 percent owned by Indonesian Citizens.

Credit Food Security (KKP)
KKP is the working capital credit facility provided by Bank Mandiri to:
farmers, in the order intensification of rice, maize, soybean, cassava, sweet potato. Breeder, in the context of beef cattle livestock, domestic poultry and duck. Fish farmers, in the framework of the business of catching fish, supporting fisheries and aquaculture, or fish and together with the cultivation of domestic poultry husbandry.
Conditions for the KKP has obtain a feasible business.
Special to the Primary Cooperative is a cooperative and have a business permit and that active managers. Have never obtained a credit facility or have / have obtained a credit facility with the criteria of "smooth" or not in error. The maximum credit period of 1 year. Collateral main business is financed. Outstanding debtors submit additional collateral if the bank's assessment is needed.
Interest rates for business intensification of rice, maize, soybean, cassava, sweet potato is 12 percent per year. KKP interest rate for beef cattle animal husbandry, domestic poultry and duck as much as 16 percent per year.
While the interest rate for catching fish, supporting fisheries and aquaculture, or fish and together with the cultivation of domestic poultry husbandry, as much as 16 percent per year. Interest rate on loans to the cooperative framework of the procurement of food in the form of unhulled rice, maize, soybean and fishery business and also as much as 16 percent per year.
KKP benefits, withdrawal can be done at once. Except for Cooperatives, withdrawing credit can be done at any time. Pelunasannya at maturity or credit at the time of harvest and financing may be provided by the group. Obtain technical assistance / technology management and extension officers from the Field (PPL) is appointed.

Program PUKK
Development Program for Small and Cooperatives (PROGRAM PUKK) this program that aims to help small businesses and cooperatives in the form of loans and grants. Source of funds programs PUKK profit comes from the elimination of Bank Mandiri of 1-3 percent of all corporate profits after taxes with the approval of the General Meeting of Shareholders.
PUKK program is intended for individuals or small businesses and cooperatives corporately, which has not had access to banking (not bankable), who want to start a new business, but has the prospect to be developed and / or to finance business activities that have been there. Provide the inclusion of funds (equity) of 25 percent of the fund needs, both for grants and loans.
Loans are not given to partners who have built a credit facility from Bank Mandiri or other bank loans or funds from the program PUKK other SOEs.
The interest the first year of 6 percent, 6 percent the second year, 9 percent the third year, 12 percent four years, five years and 15 percent. PUKK interest loans under commercial interest.
Applications for the type of credit needed for living in the area of Jakarta
can be submitted at the City Business Center (Canadian Broadcasting Corporation); Canadian Broadcasting Corporation Region III Jakarta Kota, Jl. No field station. 2, West Jakarta; Canadian Broadcasting Corporation Region IV Jakarta Thamrin, Jl. M.H. Thamrin no. 5, Central Jakarta; Canadian Broadcasting Corporation Region V Jakarta Sudirman, Jl. Jend. Sudirman Kav 54-55, South Jakarta.
Meanwhile, for persons in areas outside Jakarta to be on the branches or the Bank Mandiri in Indonesia. (tot)

source: www.sinarharapan.co.id/ekonomi/usaha/2003/1206/ukm2.html