‘With an ultimate goal of zero harm to people and the environment, the Global Industry Standard on Tailings Management sets a global benchmark for achieving strong social, environmental and technical outcomes.” The Global Tailings Review convened by the United Nations Environment Programme, the Principles for Responsible Investment and the International Council on Mining and Metals launched the Global Industry Standard on Tailings Management. The review calculated that: ➡ 12.7 billion metric tonnes of tailings are produced every year. ➡ There are around 8,500 active, inactive and closed tailings storage facilities worldwide whose collective footprint exceeds 280 billion metric tonnes. ➡ The estimated value of precious, critical and strategic metals contained within those sites is thought to exceed US$3.4 trillion. That number doesn’t take into account the value of industrial minerals such as silica and micas that make up a larger percentage of tailings and could potentially be used in industrial or consumer applications. Without the metals that mining produces, the energy transition needed to address climate change simply can’t happen. The need for sustainable mining practices and effective treatment strategies for tailings is more pressing than ever. Learn more: https://lnkd.in/gR-Hscs ICMM | UN Environment Programme | Principles for Responsible Investment
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The Global Reporting Initiative (#GRI) has heralded a new era of transparency and accountability in the mining sector with the launch of GRI 14: Mining Sector 2024, a first-of-its-kind global standard. This robustly developed standard is designed to address the sustainability impacts of the #miningsector comprehensively, covering 25 critical topics, including environmental damage, community and worker welfare, emissions, waste, human rights, climate change, and community engagement. The standard is a timely response to the increasing demand for responsible mineral supply, a necessity for the ongoing #energytransitions. https://lnkd.in/eq7H7-NY
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Maybe we should stop talking about the year 2060 too. See number 4: 1 — Are you a techno-optimist? Oh yeah? Do you also still believe in fairy tales? https://lnkd.in/ed_FGiqD 2 — If you are a techno-optimist, I would like to rattle your cage https://lnkd.in/ejfCnERc 3 — Holding the techno-optimists to account https://lnkd.in/ecXbr6a3 4 — We should stop talking about the year 2100 | On the difference between linear and accelerated decline https://lnkd.in/e6zqV2_3 5 — Why doesn’t accelerated growth or decline scare us? https://lnkd.in/eTYFstbU 6 — Even when our civilization breaks down, there’s still a lot we can do https://lnkd.in/eTQd8dYu 7 — Did you know I used to be an incorrigible optimist? https://lnkd.in/eq6iGpZd 8 — What would happen if we all had an epiphany about climate change? https://lnkd.in/eE3W3Ft5 9 — Where do you stand on the scale between climate change denialism and doomerism? https://lnkd.in/eDrcK_WS 10 — Our civilization has a lifespan of only ten days https://lnkd.in/e6U3Fp6J 11 — The five stages of accelerated global warming grief https://lnkd.in/eBhRppZA 12 — The fragmentation problem: why there are no solutions to our global problems https://lnkd.in/e5hsvTSc
Chief Economist Triodos Bank | Group Director Impact & Economics | Columnist | Author | Speaker
This is alarming. Due to be published later this month by the UN’s International Resource Panel, the global resource report is expect to highlights how global consumption of raw materials, having increased four-fold since 1970, is set to rise by a further 60% by 2060 ( 👉 Extraction of raw materials to rise by 60% by 2060, says UN report | Mining | The Guardian). In just the past six years alone we have consumed already over half a trillion tonnes of materials—nearly as much as the entirety of the 20th century. The shocking reality. (👉https://lnkd.in/eVNYu8rF) 🔷 UN report warns of dramatic rise in global material consumption by 2060 😱 🔷Extraction processes for materials contribute significantly to environmental degradation, exacerbating issues such as global warming and biodiversity loss. 🏭🌍 🔷Geopolitical tensions intensify over critical raw materials, essential for technological advancement and military capabilities. 💥 🔷Transitioning to a green economy faces hurdles due to high material demands, particularly for renewable energy infrastructure and electric vehicles. ♻️🚗 What is the answer: more demand side policies. Reduction of production and consumption, circular economy strategies. #postgrowth. 🌱🔄 See article here: https://lnkd.in/ed_BPSm8
Extraction of raw materials could rise 60% by 2060 – and making mining ‘greener’ won’t stop the damage
theconversation.com
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Standard Relations | Enabling Sustainable Growth for All at the Global Reporting Initiative (GRI) 🌿🌍
I am in Toronto this week attending PDAC 2024, promoting our recently released GRI 14: Mining Sector Standard 2024 ⛏ 🌱 GRI 14 is a game-changer in sustainability reporting, focusing on the environmental, economic, and social impacts of mining activities. It's designed to drive transparency and accountability, addressing crucial issues such as water use, pollution, and community displacement. In discussions at PDAC, I've been emphasizing the critical importance of GRI 14 to safeguard the environment, uphold human rights, and support local communities while meeting the demands of a growing industry. Global Reporting Initiative (GRI) #MiningSector #Sustainability #ResponsibleMining #PDAC2024
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Director of Global Relations and Co-operation at the Organisation for Economic Co-operation and Development (OECD) and OECD Sherpa to G20/G7/APEC
Great to represent OECD - OCDE at the United Nations Secretary-General’s Panel Meeting in Copenhagen on Critical Energy Transition Minerals #CETMS over the past two days. This meeting was a timely opportunity to discuss the crucial issue of #criticalminerals. Critical minerals are essential for the intertwined green and digital transition. While they are often viewed through economic resilience and supply lenses, it is crucial to prioritise their environmental and developmental impacts across value chains. This approach emphasises the needs and goals of producer countries and mining communities, highlighting that stability and resilience ultimately mean promoting #sustainability. The #OECD is proud to have been engaged in these discussions. With a wealth of knowledge and experience in addressing critical dependencies, ensuring responsible and sustainable mining practices, and promoting circular economy approaches, we remain committed to advancing sustainable growth while supporting the green transition. Looking forward to continuing our work with partners on this important issue! António Guterres #UNMeeting #CriticalMinerals #GreenTransition #Sustainability #CircularEconomy #SupplyChainResilience #ResponsibleMining #EnergyTransition #Development #EnvironmentalImpact
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“Dealing with the crisis of climate does not mean that we create another environmental crisis by using water now that is becoming more and more precious every day.” The problem isn’t the invention or implementation of EV’s or battery storage to address climate, it’s industry that by its nature takes the path of profitability over sustainability… it’s continued movement towards “and” instead of “or”… the fact that fossil fuel extraction is still continuing hit record rates as well, using even more water that lithium mining. Society trying to identify the “good” industry vs. the “bad” industry and apply regulations based on morals will just end in branding lies and social manipulation. Externalities of all environmental impacts must be appropriately quantified and incorporated into the calculus for businesses across the board, in a scientific way, to get sustainable solutions for the future. My opinion as someone whose read one too many ESG reports with no data to back up the claims… https://lnkd.in/eGwTXWJM
PBS NewsHour | Demand for lithium batteries could harm U.S. water resources | Season 2024 | PBS
pbs.org
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Chief Economist Triodos Bank | Group Director Impact & Economics | Columnist | Author | Speaker
This is alarming. Due to be published later this month by the UN’s International Resource Panel, the global resource report is expect to highlights how global consumption of raw materials, having increased four-fold since 1970, is set to rise by a further 60% by 2060 ( 👉 Extraction of raw materials to rise by 60% by 2060, says UN report | Mining | The Guardian). In just the past six years alone we have consumed already over half a trillion tonnes of materials—nearly as much as the entirety of the 20th century. The shocking reality. (👉https://lnkd.in/eVNYu8rF) 🔷 UN report warns of dramatic rise in global material consumption by 2060 😱 🔷Extraction processes for materials contribute significantly to environmental degradation, exacerbating issues such as global warming and biodiversity loss. 🏭🌍 🔷Geopolitical tensions intensify over critical raw materials, essential for technological advancement and military capabilities. 💥 🔷Transitioning to a green economy faces hurdles due to high material demands, particularly for renewable energy infrastructure and electric vehicles. ♻️🚗 What is the answer: more demand side policies. Reduction of production and consumption, circular economy strategies. #postgrowth. 🌱🔄 See article here: https://lnkd.in/ed_BPSm8
Extraction of raw materials could rise 60% by 2060 – and making mining ‘greener’ won’t stop the damage
theconversation.com
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Systems thinker | independent consultant | project manager | climate policy advocate | communicator & educator | deal maker & negotiator
Green growth is also an illusion, just like unlimited fossil fuel based growth. After all resources are finite on a finite planet (rather small planet even). In the context of postgrowth I’d like to draw attention to “Geopolitics Beyond Growth”. In this interview Gaya Herrington argues for embracing a postgrowth “partnership society” in Europe while investing in defense capabilities to avoid being overrun by domination oriented societies. In this post I share and discuss the interview: https://lnkd.in/d_BUrZRk
Chief Economist Triodos Bank | Group Director Impact & Economics | Columnist | Author | Speaker
This is alarming. Due to be published later this month by the UN’s International Resource Panel, the global resource report is expect to highlights how global consumption of raw materials, having increased four-fold since 1970, is set to rise by a further 60% by 2060 ( 👉 Extraction of raw materials to rise by 60% by 2060, says UN report | Mining | The Guardian). In just the past six years alone we have consumed already over half a trillion tonnes of materials—nearly as much as the entirety of the 20th century. The shocking reality. (👉https://lnkd.in/eVNYu8rF) 🔷 UN report warns of dramatic rise in global material consumption by 2060 😱 🔷Extraction processes for materials contribute significantly to environmental degradation, exacerbating issues such as global warming and biodiversity loss. 🏭🌍 🔷Geopolitical tensions intensify over critical raw materials, essential for technological advancement and military capabilities. 💥 🔷Transitioning to a green economy faces hurdles due to high material demands, particularly for renewable energy infrastructure and electric vehicles. ♻️🚗 What is the answer: more demand side policies. Reduction of production and consumption, circular economy strategies. #postgrowth. 🌱🔄 See article here: https://lnkd.in/ed_BPSm8
Extraction of raw materials could rise 60% by 2060 – and making mining ‘greener’ won’t stop the damage
theconversation.com
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global consumption of raw materials, having increased four-fold since 1970, is set to rise by a further 60% by 2060 #mining #sustainability #overconsumption #production #consumption, #circulareconomy #degrowth #manufacturing #naturalcapital #jasonhickel
Chief Economist Triodos Bank | Group Director Impact & Economics | Columnist | Author | Speaker
This is alarming. Due to be published later this month by the UN’s International Resource Panel, the global resource report is expect to highlights how global consumption of raw materials, having increased four-fold since 1970, is set to rise by a further 60% by 2060 ( 👉 Extraction of raw materials to rise by 60% by 2060, says UN report | Mining | The Guardian). In just the past six years alone we have consumed already over half a trillion tonnes of materials—nearly as much as the entirety of the 20th century. The shocking reality. (👉https://lnkd.in/eVNYu8rF) 🔷 UN report warns of dramatic rise in global material consumption by 2060 😱 🔷Extraction processes for materials contribute significantly to environmental degradation, exacerbating issues such as global warming and biodiversity loss. 🏭🌍 🔷Geopolitical tensions intensify over critical raw materials, essential for technological advancement and military capabilities. 💥 🔷Transitioning to a green economy faces hurdles due to high material demands, particularly for renewable energy infrastructure and electric vehicles. ♻️🚗 What is the answer: more demand side policies. Reduction of production and consumption, circular economy strategies. #postgrowth. 🌱🔄 See article here: https://lnkd.in/ed_BPSm8
Extraction of raw materials could rise 60% by 2060 – and making mining ‘greener’ won’t stop the damage
theconversation.com
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Senior Environmental Permitting Specialist | Florida and Georgia Facilities | Environmental Compliance & Project Management
The mining industry faces unprecedented challenges, from climate change to complex ore bodies. A recent study by the University of Queensland’s Sustainable Minerals Institute envisions an ideal mine of 2030 that balances cultural, social, and environmental aspects with economic goals. Key actions include fostering trust between stakeholders and leveraging technology to meet the United Nations Sustainable Development Goals (SDGs). Let's drive the industry towards a sustainable, inclusive future by 2030. #Sustainability #Mining2030 #SDGs
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𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐫𝐞𝐜𝐢𝐨𝐮𝐬 𝐌𝐞𝐭𝐚𝐥𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲! The latest #ESG Outlook Report for the Precious Metals Industry reveals fascinating insights and trends. Here are some key points and stats to consider: 🔹 Key Companies: Newmont Corporation, Barrick Gold Corporation, AngloGold Ashanti, Kinross Gold Corporation, Newcrest Mining, and Freeport-McMoRan are leading the way in sustainable practices. 🔹 Environmental Impact: The mining process causes environmental degradation, including water contamination and acid mine drainage, affecting aquatic life and human health. 🔹 Market Growth: The global precious metals market was valued at USD 182.1 billion in 2019 and is projected to grow at a CAGR of 9.0% from 2020 to 2027. 🔹 ESG Challenges: The industry faces significant hurdles in terms of sustainability, human rights, and governance. Stay ahead of the curve and explore the full report by Astra ESG Solutions - Powered by Grand View Research for a comprehensive understanding of the industry's ESG landscape. Let's drive positive change together! https://lnkd.in/dQCU_g7J #PreciousMetalsIndustry #ESGOutlook #Sustainability #esgreport #preciousmetals
Precious Metals Industry ESG Study, Stock & Policies Report
astra.grandviewresearch.com
