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Partnerships to Transition Critical Minerals to Low-Carbon Energy Sources

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Critical minerals will play a vital role in India’s transition to a low-carbon energy economy.

The Shakti Sustainable Energy Foundation has signed an agreement with the Mines Ministry to provide knowledge and support critical minerals.

Other partners that signed the MoU include the Council on Energy, Environment and Water (CEEW), and TERI.

The primary objective of this partnership is to offer knowledge support in the field of critical minerals, which are essential for India’s low-carbon energy transition, national security, and economic development.

Need for policy push:

 

Mr V L Kantha Rao, Secretary of Mines, highlighted India’s need for vigorous mineral exploration and utilization for clean energy and economic growth, introducing new government programs like mineral block auctions. “Now is the time when we need to crystallize all this into a single document and call it a critical mineral policy or mission.”
Dr. Veena Kumari D., Joint Secretary of the Ministry of Mines, emphasized the importance of effective processing technologies in the face of uncertain global policy. In addition to highlighting India’s potential as a global leader in energy storage technologies, electric vehicle technology, and other important areas, she emphasized the significance of developing a strong domestic supply chain.
Significance of critical minerals for low-carbon energy:

Critical minerals like neodymium, dysprosium, and praseodymium are essential for wind turbines, electric vehicle motors, and solar panels, promoting sustainable technologies.

According to the  World Economic Forum, the world agreed to transition away from fossil fuels at COP28, a necessity to avoid a climate crisis. However, rapidly shifting to renewable energy requires a substantial amount of critical minerals. Responsibly sourcing minerals like copper, nickel, and lithium is crucial.

The MoU was signed on the sidelines of the Ministry of Mines sponsored the ‘Critical Minerals Summit: Enhancing Beneficiation and Processing Capabilities.’

The summit aimed to establish India as a global center for processing critical minerals, focusing on scalability strategies and India’s processing and beneficiation capabilities.

The Ministry’s commitment to developing infrastructure for mineral processing research and development, including programs like the Indo-Australian Critical Minerals Research Hub at IIT Hyderabad, was a significant topic of discussion.


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Carbon emissions, SDGs, NSGs

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Developed countries off track to meet 2030 carbon emission targets

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The Council on Energy, Environment and Water predicts that developed countries will collectively emit 3.7 giga tonnes of extra carbon emissions in 2030. This exceeds the countries’ nationally determined contributions set under the 2016 Paris Agreement.

This indicates an overshoot of 38% in emissions, of which 83% can be attributed to the United States, the European Union, and Russia. The issue brief, published in collaboration with Wageningen University & Research’s TRANGOV project, indicates that only Norway and Belarus are on track to meet their reduction commitments by 2030.

Data:

• By 2030, developed countries will overshoot carbon emission targets by 38 percent
• Only two developed countries—Norway and Belarus—are on track to achieve their NDCs
• Even with post-2030 reductions, developed countries’ total emissions would still threaten the 1.5°C target
• The combined 2030 NDCs of developed nations indicate a 36% decrease in emissions from 2019 levels. This falls short of the global average of 43% needed to maintain the 1.5°C target

How the developed countries contain carbon emissions?

The issue brief suggests that developed nations, despite accounting for less than a fifth of global emissions, would still emit 40–50% of the global carbon budget needed to meet the 1.5°C warming target. Therefore, these countries should enhance their NDCs and intensify climate action to bridge the anticipated 3.7 GtCO2e implementation gap by 2025.

• Establish precise year-over-year reduction plans rather than relying on future events
• Need to be dependable and maintain their commitment to the Paris Agreement
• The carbon budget available to developing countries is influenced by the mitigation efforts of developed countries.

Dr Vaibhav Chaturvedi, Fellow, CEEW, said, “The numbers are clear – even in this critical decade, developed countries are not projected to meet their 2030 NDC targets. This failure has implications for the limited global carbon budget available now, especially for developing countries like India. It is also crucial for the Global South to have produced this analysis and not just rely on handed-down assessments that focus disproportionately on the emissions of emerging economies. To fulfil their responsibility as historical emitters and financially capable economies, developed countries must do more than meet the global average in emission reduction.”

Sumit Prasad, Program Lead, CEEW, said, “The climate journey of developed countries—historical and proposed—does not show deep enough emission reductions to reflect climate leadership. This means that the burden to mitigate global warming shifts to developing countries, which is problematic in a context where financial support to developing countries to achieve this transition has not been forthcoming, as promised.”

 


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