The global clean energy transition involves large- scale deployment of a suite of renewable energy, energy storage and other new technologies. These are highly mineral- intensive and accelerated adoption of such technologies will significantly increase the demand for critical minerals (CMs). Challenges to sustainable supply of CMs include inadequate investment in mining, increased and more volatile prices, higher supply risks, negative environmental and social impacts, concerns about corruption, misuse of public finances, and weak governance. The G20 can mitigate these threats to ensure a reliable, secure, and sustainable supply of CMs for a clean, just and inclusive energy transition. Key recommendations include strengthening international cooperation, improving mineral governance, adopting a circular carbon economy and mobilising finance and investment.
Register for Updates
Would you like to receive updates on the Global Solutions Initiative, upcoming events, G7 and G20-related developments and the future of multilateralism? Then subscribe here!
1 You hereby agree that the personal data provided may be used for the purpose of updates on the Global Solutions Initiative by the Global Solutions Initiative Foundation gemeinnützige GmbH. Your consent is revocable at any time (by e-mail to [email protected] or to the contact data given in the imprint). The update is sent in accordance with the privacy policy and to advertise the Global Solutions Initiative’s own products and services.