World Bank Funding mining projects19 Oct 2025 14:57
My apologies. I was dismissive of the World Bank funding mining projects. I was wrong.
According to AI
"Yes, the World Bank funds mining projects
, particularly through its private sector arm, the International Finance Corporation (IFC), and with a recent focus on "climate-smart mining" for minerals needed in the clean energy transition. However, the World Bank has also faced criticism for past and present funding of projects with negative environmental and social impacts, and has pledged to align its investments with the Paris Agreement. "
Copper and cobalt would fit within that climate smart initiative.
Thanks to TheeDuke for bringing this to the board's attention. WELL DONE!!!!!!