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).



About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 190 purchasing categories and 150 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis ‏‏‎
Previous Article
Verizon goes carbon neutral by 2035 
Verizon goes carbon neutral by 2035 

Verizon is strengthening its commitment to sustainability today, announcing the company will go carbon neut...

Next Article
Skullcandy and POW Team Up to Combat Climate Change
Skullcandy and POW Team Up to Combat Climate Change

Skullcandy, Inc., the original lifestyle audio brand, announced that it is proudly partnering with Protect ...

×

Sign Up for the Monthly Sustainable Procurement Bulletin

First Name
Last Name
Opt in to receive more information from EcoVadis
Thank you!
Error - something went wrong!