UN Secretary General Antonio Guterres announced the creation of a group of experts on minerals crucial to the energy transition.
A statement from the international organization specifies that this initiative brings together a diverse group of governments, organizations and United Nations agencies to develop a set of common, voluntary principles to protect environmental and social standards, aimed at integrating justice in the energy transition.
Speaking at the group’s launch, Guterres noted that a “The world powered by renewable energy is a world hungry for essential minerals.”
For developing countries, this new demand represents a great opportunity to create new jobs, diversify economies and significantly increase incomes, he continued, emphasizing that this requires effective management.
“The renewable energy revolution is underway, but we must ensure it happens in a way that moves us toward justice,” he stood on it.
As a reminder, the head of the UN announced his intention to create this group during the COP28 climate summit, held in Dubai last December. It is expected to make initial recommendations before the UN General Assembly’s high-level week in September.
According to the UN, demand for essential minerals for renewable energy technologies such as solar panels, wind turbines and electric vehicles (EVs) is increasing as the climate crisis worsens.
According to the United Nations Trade and Development Agency (UNCTAD), demand for lithium, for example, which is needed for the production of batteries, electronic devices and high-efficiency electric vehicles, is expected to increase by more than 1,500%.
They also point out that similar growing demand is expected for nickel, cobalt and copper.
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