Insight
COP28: A mining and metals stocktake
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Report summary
Negotiations at this year’s COP28 gathering are centred around the Global Stock Take (GST) which, two years in the making, provides a basis upon which to reset emission goals, and reignite global ambition. The mining sector has a crucial role to play in providing the materials for low carbon technologies that will enable the necessary deep reductions in fossil fuel use. The stocktake provides a chance to reflect on how the mining sector has responded since global emissions targets were first enshrined at the Paris COP21 in 2015.
Table of contents
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How has the metals and mining sector responded since Paris in 2015?
- Demand for metals has been transformed
- Miners have responded, despite the constraints
- Emissions targets are now embedded
- Government policy has evolved, bringing metals on the agenda
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What more is needed to deliver Paris agreement goals?
- Invest in clean energy infrastructure and grow primary metals supply
- Introduce new financing mechanisms and policies
- Adopt new technology and carbon pricing
- Embrace global cooperation
- Encourage societal buy-in
- Advance the circular economy
Tables and charts
This report includes 1 images and tables including:
- Supply growth for key energy transition metals 2015-2023
What's included
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