World Bank Mining News

World Bank, Germany, Rio and Anglo set up "climate smart" mining fund

The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe.

INFOGRAPHIC: Metals and minerals used in renewable power generation

Global demand for strategic minerals like lithium, graphite and nickel will skyrocket by 965%, 383% and 108% respectively by 2050, according to the World Bank’s updated 2018 projections.

Rio Tinto to join World Bank's green mining program

Rio Tinto plans to offer technical consulting advice, as well as contribute $1 million over five years to the program.

World Bank to stop funding oil and gas projects

The institution will stop all lending for oil and gas projects after 2019, with some exceptions.

World’s third-largest insurer to divest from oil sands and pipelines

AXA and three other French investment groups follow the World Bank's lead.