NO.298ADBBRIEFSMAY2024KEYPOINTSBuildingResilientandResponsibleCriticalMineralsSupplyChains•BuildingresilientandfortheCleanEnergyTransitionresponsiblesupplychainsforcriticalmineralsisCyn-YoungParkAnnaCassandraMelendezstrategicallyimportantgivenDirector,RegionalCooperationandConsultant,RegionalCooperationandthetime-boundglobalIntegrationandTradeDivisionIntegrationandTradeDivisiongoalsoftriplingrenewableClimateChangeandSustainableClimateChangeandSustainableenergycapacityanddoublingDevelopmentDepartmentDevelopmentDepartmentenergyefficiencyby2030AsianDevelopmentBankAsianDevelopmentBankundertheUnitedArabEmiratesConsensus(UAECRITICALMINERALSFORTHECLEANENERGYTRANSITIONConsensus)adoptedatthe28thConferenceoftheThedramaticshiftfromfossilfuelstocleanenergyhastrainedaspotlightonthevitalroleParties(COP28).ofmineralsandmineral-dependentsupplychainsintheenergytransition.Comparedwithfossilfuel-basedtechnologies,cleanenergytechnologiesarefarmoremineral-intensive•Tomeetthegrowingdemandthroughouttheirlifecycles(Figure1).ofcleanenergytechnology,criticalmineralswillhavetoAslow-carbontechnologiesrelyheavilyonmineralinputs,demandformineralsrequiredbesustainablysourcedandforthecleanenergytransitionisexpectedtorisedramatically.Meetingthisdemandisprocessedatunprecedentedofstrategicimportancetoall.Althoughnostandarddefinitionofacritic...
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