Critical Energy Transition Minerals

The session provided an overview of the importance of harnessing critical energy transition minerals (CETMs) for sustainable development. Emphasis was placed on the role of CETMs in low-carbon technologies and clean energy solutions. Presentations highlighted prospects for mineral resources in the Arab region and their potential to support global climate goals.

Focus on regulatory frameworks necessary to ensure just transitions in the mining of CETMs. Discussions emphasized the need for a mix of domestic regulations and voluntary standards to enhance governance, compliance, and accountability. Participants explored mechanisms to increase participation in voluntary initiatives and improve the interoperability and learning between existing standards.

Strategies for enhancing domestic value addition from CETMs to reduce commodity dependence were discussed. Key topics included frameworks and initiatives effective in promoting value addition, the role of industry players across the CETM value chain, and the impact of research and development hubs. Trade-related policy instruments and incentives to promote responsible production and trade of CETMs were also addressed.

Participants discussed fair trade opportunities for CETMs, focusing on balancing multilateral trade system objectives with national development goals. The session examined successful trade policy instruments, the impact of emerging technologies on mineral demand, and incentives to promote trade of responsibly produced minerals. Additionally, the potential for fostering regional supply chains to enhance resilience and value addition was highlighted.