Dr. Tom Vöge’s Post

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Director Public Policy at GRS Service | Producer Responsibility | Circular Economy | Sustainability

🔋♻️🌍 "The road to clean energy goes through a historically dirty industry: mining" - Article by World Economic Forum #wef24 on Batteries and the Geopolitics of Critical Raw Materials 👇 💡 Globally, renewable energy capacity needs to triple by 2030, according to the UAE Consensus, agreed at COP28 💡 As clean energy technologies use large quantities of critical raw minerals, demand for them is thus likely to soar 💡 And to power and enable this energy transition, the world needs to secure a reliable supply of critical minerals 💡 While avoiding the threats of irresponsible practices, geopolitical tensions, and price inflations to not delay adoption of clean technologies 💡 Developed economies are trying to diversify access to critical minerals, but they should consider the impact on developing economies 💡 Updating regulatory frameworks and greater ESG uptake can encourage sustainable extraction of critical minerals 💡 Revamping foreign aid in tandem with investment in critical minerals will further support sustainability in developing economies 📌 https://lnkd.in/dUJACuus

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