Critical Minerals for Net-Zero Transition: How the G7 Can Address Supply Chain Challenges and Socioenvironmental Spillovers

Janardhanan, Nandakumar, Moinuddin, Mustafa, Olsen, Simon Høiberg, Murun, Temuulen, Kojima, Satoshi, Takemoto, Akio, Korwatanasakul, Upalat, Okitasari, Mahesti, Goel, Siddharth, Moerenhout, Tom, Narula, Kapil and Sedaoui, Radia (2023). Critical Minerals for Net-Zero Transition: How the G7 Can Address Supply Chain Challenges and Socioenvironmental Spillovers. T7 Japan Policy Brief. Asian Development Bank Institute.

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  • Sub-type Policy brief
    Author Janardhanan, Nandakumar
    Moinuddin, Mustafa
    Olsen, Simon Høiberg
    Murun, Temuulen
    Kojima, Satoshi
    Takemoto, Akio
    Korwatanasakul, Upalat
    Okitasari, Mahesti
    Goel, Siddharth
    Moerenhout, Tom
    Narula, Kapil
    Sedaoui, Radia
    Title Critical Minerals for Net-Zero Transition: How the G7 Can Address Supply Chain Challenges and Socioenvironmental Spillovers
    Series Title T7 Japan Policy Brief
    Publication Date 2023-04
    Place of Publication Tokyo
    Publisher Asian Development Bank Institute
    Pages XII, 12
    Language eng
    Abstract Integrating the Sustainable Development Goals (SDGs) into climate actions is essential for a healthy planet and people. Yet, national climate policies and international climate support programs often fail to explicitly recognize the interconnections between climate concerns and other priorities covered under the SDGs. This failure can leave key segments of society behind or marginalize stakeholders who are natural allies in the fight against climate change. This policy brief recommends that the G7 actively promote the adoption of national climate policies and international climate support programs with societal well-being at their core. Many interventions can bring well-being into the center of climate actions. However, this brief highlights three sets of often overlooked entry points that can leverage links between climate and well-being: (i) social protection and health (SDGs 1, 3, 5, 8, 10, and 16); (ii) quality education for all (SDGs 4, 10, and 16); and (iii) gender equality (SDGs 5, 8, and 16). The brief further recommends that the successful and widescale implementation of actions within those entry points needs to be supported by two sets of enabling reforms. The first is shifting to multidimensional well-being measures as policy yardstick indicators (SDG 17); and the second is institutional/fiscal reforms to enable the formulation and implementation of climate strategies featuring societal well-being (SDGs 16 and 17). An inclusive, bottom-up participatory approach that engages marginalized stakeholders in the G7 and other countries can help guide the selection of other similarly intended recommendations beyond those featured in this brief.
    UNBIS Thesaurus MINERAL RESOURCES
    Keyword Clean energy
    Critical minerals
    The Group of 7
    The Group of 20
    Net zero
    Copyright Holder The Authors
    Copyright Year 2023
    Copyright type Creative commons
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    Created: Fri, 28 Apr 2023, 17:16:01 JST by Hanna Takemoto on behalf of UNU IAS