Facts for Prelims (FFP)
Source: The Print
Context: The World Bank and Japan, have launched the Resilient and Inclusive Supply-chain Enhancement (RISE) initiative in Morocco.
- This initiative is designed to tackle the dual challenges of job creation and climate change by aiding emerging markets and developing countries in expanding their clean-energy product manufacturing and increasing their participation in the minerals industry.
- The initiative aims to stimulate economic growth and generate local employment opportunities, ultimately contributing to poverty reduction.
- This collaborative effort emphasizes the importance of international cooperation in promoting economic growth in these countries while strengthening clean energy and critical minerals supply chains.
