Of the rest, 80% is earmarked for spending on education, health, rural development, infrastructure, environmental and water management, and 5% is to be spent in the oil-producing region.

ECONOMIST: Punting on a pipeline

It is a strategy that holds promise as a smarter way to reduce infrastructure development costs, protect human and environmental health, and create jobs.

FORBES: Smart Communities will Build Green Infrastructure

"Future environmental and economic success will be determined by sustained investment in new technology, research and development, infrastructure and consumer incentives, " said SMMT's chief executive, Paul Everitt.

BBC: Sales of low emission cars soar in UK

In developing its infrastructure program for Africa, the African Development Bank has run carbon cost scenarios and used environmental and social sustainability as part of its selection criteria.

CNN: Sponsors