Could a Global Minerals Trust Help Speed Up the Energy Transition?
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Global competition to secure critical minerals is ramping up, and the United Nations has a plan to help countries play nice and avoid conflict.
It recently set out a proposal for a “Global Minerals Trust” that would see nations that produce and consume critical minerals, and the companies that do so within them, jointly manage a stockpile of pooled commodities in an effort to avoid shortages, encourage recycling, support production in developing countries and prioritize minerals for sustainable developers.
Think Bretton Woods—the system put in place to guide international monetary management after World War II—but for green tech.
Source: Our World In Data