Transparency International’s Accountable Mining Programme raises the alarm on how corruption in mining of critical minerals threatens to derail the energy transition unless urgent action is taken.
This blog is a transcript from a presentation by our Research and Policy Manager at a webinar co-hosted with NRGI and EITI. Watch the recording here.
Let’s start by looking at some key facts that show just how significant the boom in energy transition minerals could be.
Renewable energy technologies need minerals and metals. In fact, they use more minerals and metals than old-school dirty carbon-intensive power generation.
If countries are to achieve their international pledges to reduce their carbon emissions – and keep global temperature rises within safe limits – we require a mass deployment of clean energy technologies- wind, solar, batteries and more. And that means a significant growth in demand for the minerals and metals that those renewable energy technologies are made out of.
But where do these minerals and metals come from?