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

Minerals and Metals

The Growing Role of Minerals and Metals for a Low Carbon Future

“The Growing Role of Minerals and Metals for a Low Carbon Future.” There is growing awareness that human activities are having a major impact on the earth’s ecosphere. So much so that many are now defining a new geological era: the Anthropocene. That is a time when humans have become the driving force in the earth’s physical […]

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
Solar 101

Solar 101 – Basics and Project Planning

Solar 101 This presentation provides an overview of key concepts in relation to the planning, design as well as construction of ground-mount solar 101 projects intended for a non-technical audience. Planning Key Principles The best practice for the engineering of large capital projects involves a phased approach. Usually, it begins with Front End Engineering Design or FEED, […]

Read more