New project will modernize geoscientific data, streamline permitting, and unlock private investment in strategic minerals
WASHINGTON, March 16, 2026 — The World Bank Board of Directors approved a new project to support Peru in becoming more competitive, transparent, and sustainable in the mining sector—laying the foundation for more and better jobs across the value chain.
Continue readingThe 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.
Netherlands for the World Bank 
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