Home / Insight / Climate-Smart Mining: Minerals for Climate Action

Climate-Smart Mining: Minerals for Climate Action

Climate-Smart Mining

CSM

Climate-Smart Mining

The Climate-Smart Mining Facility will help resource-rich developing countries benefit from the increasing demand for minerals and metals. That is while ensuring the mining sector is managed in a way that minimizes the environmental and climate footprint.
The Facility supports the sustainable extraction and processing of minerals and metals to secure supply for clean energy technologies. It is by minimizing the social, environmental, and climate footprint throughout the value chain of those materials. Scaling up technical assistance and investments in resource-rich developing countries will enable that.

While the growing demand for minerals and metals provides economic opportunities for resource-rich developing countries and private sector entities alike, significant challenges will likely emerge if the climate-driven clean energy transition is not responsible and sustainable.

The Climate-Smart Mining approach has been developed in concert with the broader UN Sustainable Development Goals. The goal was to ensure that the decarbonization of the mining and energy sectors also benefits resource-rich countries. These countries host these strategic minerals and their extraction directly impacts communities.

Climate-Smart Mining


Climate-Smart Mining builds on the work the World Bank is doing to help ensure resource-rich developing countries benefit from their mineral resources and manage them in a sustainable manner while fostering economic growth and development. Our technical support also helps governments improve the investment climate by strengthening governance and building the capacities of key institutions, policy frameworks, and legislation.

Canadian Power Engineers is the newest member of the family and a wholly-owned division of Phovetus Inc. We are an Engineering firm with a global reputation for excellence in power systems engineering. Above all, we are professional, independent, and focused on delivering value-added results to your renewable power or transportation project. Our mission is to provide technical focus on the core issues. Our value is our insight into the latest technology and approaches needed to deliver our client’s projects on time and within budget. Renewable Power Specialist.

Read or download full PDF.

Related Insight

Phoventus - Energy Storage Project

Crimson BESS Battery Storage Project Improves Energy Reliability with 350-MW / 14 GW/h Battery Storage

Phoventus was proud to be the Owners Engineer on this important project. Crimson Storage is the largest battery storage project in the world to reach operation in a single phase, and it is the second largest energy storage project currently operating. Sited on public lands in Riverside County, California, the project holds two long-term energy storage contracts with […]

Read more
Glint and Glare Study

FAA Glint and Glare Study-Airport Solar

Here is the Preliminary Design for 15.5MW Alberta Solar Project. It includes Preliminary layout, equipment selection, energy production analysis. And, most importantly, glint and glare study for the 15MWac project in Alberta, Canada. In July of 2019, The client contracted Phoventus Inc to perform a glint and glare assessment for the proposed solar layout. This assessment uses GlareGauge. That’s a […]

Read more
Phoventus

Phoventus Celebrates a Decade of Positive Growth

Phoventus celebrates a decade of positive growth for renewables and hybrid power solutions As Phoventus celebrates its 10th Anniversary, we look back at the extraordinary rise in the use of renewable energy worldwide since we launched our business and ponder the challenges for the sector that lay ahead. It’s quite extraordinary to reflect back on […]

Read more