Leveraging digital FDI for capacity and competitiveness: How to be smart
Matthew Stephenson, Lorraine Eden, Michael Kende, Fukunari Kimura, Karl P. Sauvant, Niraja Srinivasan, Lucia Tajoli, James Zhan Policy Brief
This Policy Brief was first published in https://t20ind.org
Clean energy technologies play a critical part in meeting global net- zero emission targets. Large economies in Asia, Europe, and North America are intensifying efforts to accelerate the deployment of clean energy technologies and maintain their manufacturing capacity. However, securing a sustainable and resilient supply of critical minerals poses several challenges, including the lack of mineral governance to manage the environmental, social, and economic impacts, and the absence of an ecosystem to support the emerging market and developing economies (EMDEs) to maximise the benefits from resource extraction. This policy brief proposes that the G20 should strengthen the soundness and resilience of global critical minerals supply, support the establishment of downstream capacities in EMDEs, and foster regional value chain networks.