The World Bank has signed an administrative agreement outlining the terms and conditions for the implementation of the Resilient and Inclusive Supply-Chain enhancement (RISE) partnership.
Japan has committed a substantial sum of USD25 million to RISE and planned to drive this initiative forward in close collaboration with various stakeholders. Alongside Japan’s contribution, other nations, including Canada, Germany, Italy, the Republic of Korea, and the United Kingdom, have pledged initial contributions totaling over USD50 million.
The RISE partnership aims to assist emerging markets and developing countries in increasing their manufacturing capabilities of clean-energy products and boost their participation in the minerals industry.
