Leveraging the Growth in Demand for Minerals and Metals in the Transition to a Low Carbon Economy

Leveraging the Growth in Demand for Minerals and Metals in the Transition to a Low Carbon Economy

This report quantifies the economic opportunity associated with minerals relevant to the transition to a low-carbon economy by examining the growth in demand for these minerals by 2050 based on goals established by different countries. The report highlights that in order to materialize social and economic benefits from the transition without risking the environment, it is necessary to safeguard socio-environmental factors so that mining companies have the necessary social and environmental license to operate and so that the countries of the region can attract more investment that takes advantage of the abundant mineral resources needed in a low-carbon economy. Recommendations are made to maximize the capture of economic benefits related to increased demand for copper, lead, lithium, manganese or zinc which - when properly managed - have the potential to drive development and create prosperity in the region.

Saved in:
Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Inter American Development Bank Adriana Unzueta
Language:English
Published: Inter-American Development Bank
Subjects:Energy and Mining, Electric Battery, Recycling, Loan Operation, Quality Management, Energy Transition, Economy, Green Growth, Regulation, Science and Technology, Debtor Finance, Q01 - Sustainable Development, Q30 - Nonrenewable Resources and Conservation: General, Q31 - Demand and Supply • Prices, Q38 - Government Policy, Q54 - Climate • Natural Disasters and Their Management • Global Warming, Q56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth, energy and mining;Energy Transition;green growth;copper;lead;lithium;zinc;manganese,
Online Access:http://dx.doi.org/10.18235/0003945
https://publications.iadb.org/en/leveraging-growth-demand-minerals-and-metals-transition-low-carbon-economy
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This report quantifies the economic opportunity associated with minerals relevant to the transition to a low-carbon economy by examining the growth in demand for these minerals by 2050 based on goals established by different countries. The report highlights that in order to materialize social and economic benefits from the transition without risking the environment, it is necessary to safeguard socio-environmental factors so that mining companies have the necessary social and environmental license to operate and so that the countries of the region can attract more investment that takes advantage of the abundant mineral resources needed in a low-carbon economy. Recommendations are made to maximize the capture of economic benefits related to increased demand for copper, lead, lithium, manganese or zinc which - when properly managed - have the potential to drive development and create prosperity in the region.

Similar Items