The Business Case for Gender-Responsive Climate-Smart Mining
Transitioning to a low-carbon economy is critical to the sustainability of the planet. A recent World Bank report found that increasing demand for clean energy technologies can increase demand for minerals such as graphite, lithium, and cobalt by n...
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| Format: | Report |
| Language: | English English |
| Published: |
Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099735308092225271/IDU0fb95d92301b6c043c809afe032b5cdcfd671 http://hdl.handle.net/10986/37875 |
| Summary: | Transitioning to a low-carbon economy
is critical to the sustainability of the planet. A recent
World Bank report found that increasing demand for clean
energy technologies can increase demand for minerals such as
graphite, lithium, and cobalt by nearly 500 percent by 2050.
Even though the authors expect recycling rates to go up in
the future, mining will still be required to supply critical
minerals: the shift to a low-carbon future will be
mineral-intensive, and mining will remain a critical
industry. It is in this context that the World Bank Group
established the climate-smart mining initiative (CSM), which
is sustained by a partnership between industry and country
governments. The initiative supports the sustainable
extraction, processing, and recycling of the minerals and
metals that are needed for low-carbon technologies. The
concept is built upon four pillars: (i) climate mitigation;
(ii) climate adaptation; (iii) reducing material impacts;
and (iv) creating market opportunities. |
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