World Bank Launches New Fund to Support ‘Climate-Smart’ Mining for Low Carbon Tech

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 …

World Bank Doubles Climate Investment to $200bn

The World Bank Group has doubled its current five-year investment to around $200 billion (£157bn) to support countries taking action to fight climate change. It is part of its plans to boost support for climate adaptation, especially in the world’s poorest nations, with the funding provided between 2021 and 2025. Projects that will …

Google, World Bank and EU Among Key Players Pledging Climate Action at One Planet...

Political and business leaders met in New York Wednesday to reaffirm their commitment to fighting climate change at the second annual One Planet Summit The summit was hosted as part of Climate Week NYC by French President Emmanuel Macron, United Nations Secretary General António Guterres, World Bank President Jim Yong Kim and UN Special Envoy for …

Sustainability of Western Balkans Rising Public Debt Becomes Questionable

Yesterday, the regional study Public Debt on western Balkans was released in the framework of “Balkan Monitoring Public Finance” project. At the same time that was an occasion to discuss with the representatives of World Bank, Parliament of Montenegro, Western Balkan civil society organizations and prominent media from the region …

Caribbean Aims to Be World’s First ‘Climate Smart’ Zone

Virgin Group Founder Richard Branson and Olympic Gold Medal Winner Usain Bolt are backing the Caribbean’s ambition to become the world’s first “climate smart” zone. The athlete helped launch the Caribbean Climate-Smart Accelerator in Jamaica yesterday, a coalition of 26 countries and more than 40 private and public sector partners. …