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Binational Stock Exchange Created to Secure Water Supply at the Border - North of Ciudad Juárez
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The governments of Mexico and the United States created a Water Resilience Fund (FRH) with a $400 million (mdd) stock exchange to secure water supply at the border, said the managing director of the North American Development Bank (NADBank), John Beckham. The FRH is fed by retained profits, a portion for non-reimbursable funds and another, in a funding model at below-market rates, he explained. It is intended, he said, for projects that contribu…
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