The Growing Role of Minerals and Metals for a Low Carbon Future

Climate and greenhouse gas (GHG) scenarios have typically paid scant attention to the metal implications necessary to realize a low/zero carbon future. The 2015 Paris Agreement on Climate Change indicates a global resolve to embark on development p...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/207371500386458722/The-Growing-Role-of-Minerals-and-Metals-for-a-Low-Carbon-Future
http://hdl.handle.net/10986/28312
id okr-10986-28312
recordtype oai_dc
spelling okr-10986-283122021-05-25T09:03:12Z The Growing Role of Minerals and Metals for a Low Carbon Future World Bank Group CLIMATE CHANGE MINING METAL DEMAND CLEAN ENERGY GREENHOUSE GAS EMISSIONS DECARBONIZATION CARBON POLICY Climate and greenhouse gas (GHG) scenarios have typically paid scant attention to the metal implications necessary to realize a low/zero carbon future. The 2015 Paris Agreement on Climate Change indicates a global resolve to embark on development patterns that would significantly be less GHG intensive. One might assume that nonrenewable resource development and use will also need to decline in a carbon-constrained future. This report tests that assumption, identifies those commodities implicated in such a scenario and explores ramifications for relevant resource-rich developing countries. Using wind, solar, and energy storage batteries as proxies, the study examines which metals will likely rise in demand to be able to deliver on a carbon-constrained future. Metals which could see a growing market include aluminum (including its key constituent, bauxite), cobalt, copper, iron ore, lead, lithium, nickel, manganese, the platinum group of metals, rare earth metals including cadmium, molybdenum, neodymium, and indium—silver, steel, titanium and zinc. The report then maps production and reserve levels of relevant metals globally, focusing on implications for resource-rich developing countries. It concludes by identifying critical research gaps and suggestions for future work. 2017-09-12T18:50:51Z 2017-09-12T18:50:51Z 2017-06-30 Report http://documents.worldbank.org/curated/en/207371500386458722/The-Growing-Role-of-Minerals-and-Metals-for-a-Low-Carbon-Future http://hdl.handle.net/10986/28312 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Mining, Oil, and Gas Economic & Sector Work
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CLIMATE CHANGE
MINING
METAL DEMAND
CLEAN ENERGY
GREENHOUSE GAS EMISSIONS
DECARBONIZATION
CARBON POLICY
spellingShingle CLIMATE CHANGE
MINING
METAL DEMAND
CLEAN ENERGY
GREENHOUSE GAS EMISSIONS
DECARBONIZATION
CARBON POLICY
World Bank Group
The Growing Role of Minerals and Metals for a Low Carbon Future
description Climate and greenhouse gas (GHG) scenarios have typically paid scant attention to the metal implications necessary to realize a low/zero carbon future. The 2015 Paris Agreement on Climate Change indicates a global resolve to embark on development patterns that would significantly be less GHG intensive. One might assume that nonrenewable resource development and use will also need to decline in a carbon-constrained future. This report tests that assumption, identifies those commodities implicated in such a scenario and explores ramifications for relevant resource-rich developing countries. Using wind, solar, and energy storage batteries as proxies, the study examines which metals will likely rise in demand to be able to deliver on a carbon-constrained future. Metals which could see a growing market include aluminum (including its key constituent, bauxite), cobalt, copper, iron ore, lead, lithium, nickel, manganese, the platinum group of metals, rare earth metals including cadmium, molybdenum, neodymium, and indium—silver, steel, titanium and zinc. The report then maps production and reserve levels of relevant metals globally, focusing on implications for resource-rich developing countries. It concludes by identifying critical research gaps and suggestions for future work.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title The Growing Role of Minerals and Metals for a Low Carbon Future
title_short The Growing Role of Minerals and Metals for a Low Carbon Future
title_full The Growing Role of Minerals and Metals for a Low Carbon Future
title_fullStr The Growing Role of Minerals and Metals for a Low Carbon Future
title_full_unstemmed The Growing Role of Minerals and Metals for a Low Carbon Future
title_sort growing role of minerals and metals for a low carbon future
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/207371500386458722/The-Growing-Role-of-Minerals-and-Metals-for-a-Low-Carbon-Future
http://hdl.handle.net/10986/28312
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