International Resource Panel (IRP)

Today, IRP Co-Chair Izabella Monica Teixeira (She/Her) will be participating in a side event of the Convention on Biodiversity COP16 Colombia on the subject of "Listening to the science: Using the findings of IPBES and IRP as a basis to build synergies between biodiversity, climate change and resource use." The objective is to create a space for reflection and exchange among parties and other stakeholders in order to promote actions that address biodiversity loss, climate change and unsustainable resource synergistically at the global, national, and local levels. Find more information about #COP16Colombia here: https://lnkd.in/dAtxN-aE Find more information about this side event here: https://lnkd.in/evizwnT9

The Global Resources Outlook 2024 - Summary for Policymaker is now available in all UN languages and in Japanese, with gratitude to our Steering Committee member- the Ministry of the Environment, Japan for developing the Japanese version as an in-kind contribution. English: Global Resources Outlook 2024 Español : Panorama de los recursos globales 2024 Français : Perspectives des ressources mondiales 2024 اَلْعَرَبِيَّ:ةُ : توقعات الموارد العالمية لعام 2024 中文:2024年 全球资源展望 Русский язык: Прогнозная оценка мирового ресурсного потенциала 2024 日本語:世界資源アウトルック 2024 The Global Resources Outlook 2024 was built upon scientific assessments and inputs from a vast network of experts and stakeholders from across the globe. Additionally, the report emphasises the criticality of embedding natural resources in global policy actions and multilateral environmental agreements. It is, therefore, of the utmost importance to deliver the report’s key messages in several world languages, providing communities and policymakers access to the IRP’s findings in their own language to help inform their decisions. Find the different versions of the #GRO24 Summary for Policymakers here: https://lnkd.in/dgCDvz2d

The #GRO24 scenario analysis builds on the notion of dual decoupling, introduced in GRO19. This focuses on the potential to increase well-being contributions per unit of resource use, and decrease impacts and damage per unit of economic activity and resource use. The Sustainability Transition scenario assesses the impact of implementing socially and technologically feasible shifts: resource efficiency and more sustainable buildings and settlements; climate and energy; food and land; and a just and equitable transition. Read more about the Sustainability Transition in Chapter 4 of the GRO24 here: https://lnkd.in/dgCDvz2d

Enabling The Energy Transition- Material & Mining Sector What strategies can be employed to manage the demand for materials essential to the energy transition? This report “Enabling the Energy Transition: Mitigating Growth in Material and Energy Needs” by the International Resource Panel (IRP) focuses on strategies to manage the demand for materials essential for the energy transition. It emphasizes the importance of sustainable practices in mining and material management to support a cleaner energy future. Several key strategies to effectively manage the demand for materials essential to the energy transition: 1- Mitigating Demand Drivers: Addressing the root causes that drive the increasing demand for transition materials, such as improving energy efficiency and promoting sustainable consumption patterns. 2- Implementing Circular Economy Principles: Encouraging the reuse, recycling, and repurposing of materials to extend their lifecycle and reduce the need for new raw materials. 3- Ensuring Sustainable Supply Chains: Adopting practices that ensure the extraction and processing of materials meet high environmental and social standards, thereby minimizing negative impacts on ecosystems and communities. 4- Promoting Innovation and Technology: Investing in research and development to discover alternative materials and more efficient technologies that can reduce reliance on scarce resources. 5- Strengthening Policy Frameworks: Developing and enforcing regulations that support sustainable material management and incentivize businesses to adopt greener practices. These strategies collectively aim to create a more sustainable and resilient pathway for the global energy transition. #EnergyTransition #SustainableMaterials #CircularEconomy #GreenEnergy #RenewableResources #GreenTechnology #ResourceEfficiency #SustainableMining

How can the mining industry, one of the biggest carbon emitters, become a key player in the fight against climate change? By relying on reusable mined materials instead of burning heavy-emitting fossil fuels, that's how. A recent article from Bloomberg notes that as we transition to a net-zero future, the demand for metals like steel, aluminum, copper, and cobalt will increase, but with advancements in recycling and material efficiency, the total amount of extraction from the earth will decrease. In fact, according to the International Resource Panel (IRP), more than half of these energy-transition metals are typically recycled after they reach the end of life. The future will rely on a circular system where materials are reused, rather than endlessly extracted. Waste less, innovate more. Read the full article: https://lnkd.in/g7VUDZUz #netzero #recycling #materials

The #GRO24 determined six critical aspects for the transitions towards sustainable resource use. The final aspect is achieving more effective resource-intensive provisioning systems. Taking a provisioning systems perspective can help with rethinking and designing solutions that transform the way human needs are fulfilled, while also meeting sustainability goals. This means developing socially and environmentally superior food supply chains, built environment and energy and mobility services. While transitions in resource governance, finance and trade measures are all required to improve provisioning system performance, specific actions by provisioning system are also needed, and would focus on the need to rethink how wellbeing is delivered by the system, and cover consumption and production measures. The GRO24 provides several recommendations for each provisioning system. Read about them in detail here: https://lnkd.in/dgCDvz2d

The #GRO24 determined six critical aspects for the transitions towards sustainable resource use. The fifth aspect focuses on creating circular, resource-efficient and low-impact solutions and business models. The recommendations for this aspect build upon Chapter 3 of the GRO24, which highlights the need to accelerate resource efficiency. This can be achieved through increased investment and innovation aimed at reducing virgin resource needs, and circular economy strategies (including eco-design, repair, reuse, remanufacturing, refurbishment and recycling). Furthermore, it is essential to further accelerate the uptake of the circular economy, while taking into account the different development stages and needs across world regions and build on the opportunities of current local circular business models. Read the three recommendations in detail here: https://lnkd.in/dgCDvz2d

The #GRO24 determined six critical aspects for the transitions towards sustainable resource use, the fourth of which involves mainstreaming sustainable consumption options. Income is the main driver of consumption, and the wealthiest part of the global population contributes to more GHG emissions than the world’s poorest 50%. Moreover, resource-intensive lifestyles set the consumption aspirations in the rest of the world. This points to the need to primarily target the high-income fraction of the global population. The Sustainability Transition scenario illustrates how implementing demand-side measures can significantly reduce environmental impacts, in line with findings from the IPCC which show that demand-side measures such as diets with less animal protein, compact cities, and more public transport can reduce GHG emissions by between 40% and 70% by 2050. Read the GRO24’s recommendations for this topic in detail here: https://lnkd.in/dgCDvz2d

The #GRO24 determined six critical aspects for the transitions towards sustainable resource use, the third of which is trade- specifically making trade an engine of sustainable resource use. In 2024, high-income countries consume six times more materials than low-income countries. High-income consumption is underpinned by ‘the unequal exchange’, which means raw materials, final energy and labour consistently flow from lower to higher income countries at unfairly low prices. In addition, high-income countries displace environmental impacts to all other income country groups by importing resources and materials that cause environmental impacts in the exporting regions, without bringing much value added to the countries of origin. The GRO24 proposed two recommendations involving trade governance and resource value retention to restructure the global trade mechanism. Read about these recommendations in detail here: https://lnkd.in/dgCDvz2d

The #GRO24 determined six critical aspects for the transitions towards sustainable resource use. The second of these aspects is directing finance towards sustainable resource use. Today, environmental costs of virgin material extraction are at best only incompletely internalized into prices, which leads to market actors making unsustainable decisions. Internalizing the environmental (and social) costs of resource extraction is a key part of the necessary transition. Secondly, during the last few decades more capital has been allocated to fossil fuels, as opposed to sustainable resource use, in both public and private finance. As resource use drives climate change and biodiversity loss, changing the financing of resource extraction will be essential for meeting environmental commitments. The GRO24 makes four recommendations to do so. Read about these recommendations in detail here: https://lnkd.in/dgCDvz2d