World Bank launches new fund to support ‘climate-smart’ mining for low carbon tech

May 24, 2019 EcoVadis ‏‏‎

The World Bank has launched what is claimed to be the first ever fund dedicated to making mining for the low carbon energy transition “climate-smart” and sustainable. The Climate-Smart Mining Facility, targeting a total investment of $50 million (£38.2m), will support the sustainable extraction and processing of minerals and metals used in clean energy technologies such as wind, solar power and batteries for energy storage and electric vehicles (EVs).

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