Tag Archives: Energy Transition

For a Just Transition Away from Coal, People Must Be at the Center

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STORY HIGHLIGHTS Trains filled with coal

  • If not phased out before 2040, coal will push the world closer to climate change catastrophe.
  • Experience has shown that the shift from coal can take decades and present not only economic and employment challenges, but social and cultural ones.
  • The Supporting Energy Transition in Coal Regions initiative provides advice and financing to countries that have made the decision to transition away from coal.

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New World Bank Fund to Support Climate-Smart Mining for Energy Transition

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The World Bank launched the Climate-Smart Mining Facility on May 1st, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility 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. It focuses on helping resource-rich developing countries benefit from the increasing demand for minerals and metals, while ensuring the mining sector is managed in a way that minimizes the environmental and climate footprint.

 

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