The Fort Worth Press - UN experts call for global system to trace critical minerals

USD -
AED 3.673005
AFN 68.420651
ALL 93.767284
AMD 390.49835
ANG 1.806877
AOA 912.000456
ARS 1007.254839
AUD 1.543675
AWG 1.8025
AZN 1.700677
BAM 1.865047
BBD 2.024202
BDT 119.800507
BGN 1.858102
BHD 0.376968
BIF 2961.779795
BMD 1
BND 1.349913
BOB 6.927922
BRL 5.821538
BSD 1.002517
BTN 84.506895
BWP 13.677455
BYN 3.280949
BYR 19600
BZD 2.020865
CAD 1.40563
CDF 2870.999618
CHF 0.882802
CLF 0.035383
CLP 976.339657
CNY 7.230102
CNH 7.258102
COP 4403.8
CRC 512.27769
CUC 1
CUP 26.5
CVE 105.148475
CZK 24.0327
DJF 178.523068
DKK 7.086401
DOP 60.439613
DZD 133.662973
EGP 49.6516
ERN 15
ETB 125.456964
EUR 0.94995
FJD 2.27125
FKP 0.789317
GBP 0.79303
GEL 2.729832
GGP 0.789317
GHS 15.740087
GIP 0.789317
GMD 71.000408
GNF 8638.643602
GTQ 7.737494
GYD 209.743864
HKD 7.781735
HNL 25.356169
HRK 7.133259
HTG 131.578696
HUF 391.459701
IDR 15867.45
ILS 3.654385
IMP 0.789317
INR 84.424102
IQD 1313.295062
IRR 42087.4992
ISK 137.489852
JEP 0.789317
JMD 158.306792
JOD 0.7093
JPY 151.361057
KES 129.501759
KGS 86.799139
KHR 4024.221618
KMF 468.950275
KPW 899.999621
KRW 1393.919767
KWD 0.30755
KYD 0.835447
KZT 500.581695
LAK 21938.473862
LBP 89777.620964
LKR 291.944005
LRD 179.953464
LSL 18.140579
LTL 2.95274
LVL 0.60489
LYD 4.905308
MAD 10.049969
MDL 18.321477
MGA 4681.212214
MKD 58.447788
MMK 3247.960992
MNT 3397.999946
MOP 8.03597
MRU 39.876031
MUR 46.719926
MVR 15.450114
MWK 1738.409017
MXN 20.70523
MYR 4.442498
MZN 63.90015
NAD 18.140579
NGN 1687.50999
NIO 36.894704
NOK 11.10914
NPR 135.21065
NZD 1.69896
OMR 0.384995
PAB 1.002522
PEN 3.783114
PGK 4.041348
PHP 58.747034
PKR 278.556157
PLN 4.096429
PYG 7823.317376
QAR 3.655332
RON 4.728901
RSD 111.146999
RUB 111.136133
RWF 1381.286594
SAR 3.757247
SBD 8.39059
SCR 13.142933
SDG 601.502736
SEK 10.94647
SGD 1.343199
SHP 0.789317
SLE 22.702243
SLL 20969.504736
SOS 572.921633
SRD 35.404976
STD 20697.981008
SVC 8.772147
SYP 2512.529858
SZL 18.146015
THB 34.505497
TJS 10.712147
TMT 3.51
TND 3.168043
TOP 2.342099
TRY 34.64875
TTD 6.816318
TWD 32.4906
TZS 2645.000029
UAH 41.654588
UGX 3714.263918
UYU 42.721187
UZS 12846.871245
VES 46.695951
VND 25385
VUV 118.722009
WST 2.791591
XAF 625.519234
XAG 0.032775
XAU 0.000377
XCD 2.70255
XDR 0.766883
XOF 625.519234
XPF 113.726089
YER 249.924997
ZAR 18.15785
ZMK 9001.202945
ZMW 27.644804
ZWL 321.999592
  • RELX

    0.3400

    47.15

    +0.72%

  • RIO

    0.0200

    62.05

    +0.03%

  • NGG

    0.3300

    63.16

    +0.52%

  • GSK

    0.2400

    34.26

    +0.7%

  • RBGPF

    -0.9000

    60.1

    -1.5%

  • SCS

    0.2100

    13.75

    +1.53%

  • AZN

    0.2020

    66.562

    +0.3%

  • BTI

    0.1600

    37.87

    +0.42%

  • CMSC

    -0.1600

    24.57

    -0.65%

  • BCE

    0.0900

    26.72

    +0.34%

  • BP

    0.0700

    29.03

    +0.24%

  • VOD

    0.0650

    8.925

    +0.73%

  • BCC

    1.6970

    150.107

    +1.13%

  • JRI

    -0.1300

    13.24

    -0.98%

  • CMSD

    -0.1500

    24.43

    -0.61%

  • RYCEF

    -0.0200

    6.78

    -0.29%

UN experts call for global system to trace critical minerals
UN experts call for global system to trace critical minerals / Photo: © AFP

UN experts call for global system to trace critical minerals

UN experts called Wednesday for the creation of a global system to trace the extraction and production of critical minerals that are needed in the transition away from fossil fuels.

Text size:

The massive effort to develop renewable energy, essential in the fight against climate change, requires minerals and metals such as copper, cadmium, nickel and lithium, necessary for electric vehicle batteries, solar panels and more.

Demand for such materials will quadruple by 2040 as nations race to limit global warming to +1.5 degrees Celsius, the International Energy Agency (IEA) has estimated.

The experts -- representatives from non-governmental organizations and various countries' mining and environment ministries -- are part of a UN committee set up in April by Secretary-General Antonio Guterres to draw up guardrails in the face of the looming energy revolution.

"We established the panel in response to calls from developing countries, amid signs that the energy transition could reproduce and amplify inequalities of the past," Guterres said Wednesday.

He asked the panel to share its recommendations with UN member states ahead of November's COP29 in Baku, Azerbaijan.

"We will bring the UN system together to support implementation of the panel's work, safeguarding and advancing human rights, including the rights of Indigenous Peoples, across the critical minerals value chain," Guterres said.

- Africa 'bleeding' -

In a report released Wednesday, the committee put forward seven guiding principles.

They include: putting human rights at the heart of the production chain; protecting the integrity of the planet; and ensuring that benefits are shared.

"The essence of this report is to inspire care and caution to avoid the mistakes of the past, where we are already seeing conflict generated by the scramble for these resources, particularly in my continent that is bleeding," said co-chair Joyce Mxakato-Diseko of South Africa.

More concretely, the experts, citing disparate existing initiatives, recommended the establishment of "global traceability, transparency and accountability framework along the entire mineral value chain -– from mining to recycling."

They called for the system to provide an independent assessment of the environmental and social performance of companies involved in the trade -- for example, their respect for human and labor rights, levels of corruption, level of greenhouse gas emissions, and so on.

They also suggested the creation of a global fund, financed by governments and companies, to fund the aftermath of mining operations -- particularly land rehabilitation and support for local communities.

And, with the IEA fearing global supplies of such minerals are running out, the UN experts also called for investment in innovation and recycling to reduce the quantities needed.

The NGO coalition Climate Action Network, represented on the committee, welcomed the report.

But there "is still a long way to go in making these principles a reality," its director, Tasneem Essop, said in a statement.

Too often, "production of these minerals leaves a toxic cloud in its wake: pollution; wounded communities, childhoods lost to labor and sometimes dying in their work," Guterres said when he announced the committee in April.

Developing countries and communities have also not reaped the benefits of their production, he said, adding: "This must change."

M.T.Smith--TFWP