CLIMATE-SMART MINING FACILITY LAUNCHING CONFERENCE

Minerals for Climate Action
Preston Auditorium; Wednesday, 1 May 2019; 09:00 AM – 05:30 PM

A panel discussion took place at the launching conference “Minerals for Climate Action,” hosted and organized by the World Bank’s Energy & Extractives Global Practice in Washington, DC.

The Climate-Smart Mining Facility is the first-ever Facility dedicated to making mining climate-smart and sustainable, bringing together governments, industry, financial institutions as well as private investors.

The event gathered an audience of CEOs, NGOs, government, academia as well as private and public-sector representatives. In addition, a wide range of industries and governments stakeholders were represented, such as automotive, battery manufacturers, financial institutions, government donors, energy companies, the mining industry, and World Bank clients.

Panel Key Points

In fact, the session was an interactive debate and discussion between leading experts on what climate-smart mining should look like and how a range of actors can make mining as sustainable as possible.

Objectives of the session included:
• Discussing how to leverage innovation in order to reduce the carbon and material footprints of increased extractive and processing activity to supply the clean energy transition
• Exploring the role of innovation to secure supply for strategic minerals as well as create new market opportunities for mineral-rich developing countries.

Innovation may refer to:
o Developing new technology in the mining sector in order to reduce environmental impacts;
o New partnerships between upstream and downstream companies in order to mobilize private capital for development;
• Determining how the public and private sectors can work together to drive innovation throughout the mineral supply

Rob Lydan, CEO & Managing Director, Phoventus, a participant at The Climate-Smart Mining Facility Launching Conference

Rob Lydan is the CEO of Phoventus, a global consulting and engineering firm with offices in Toronto and New York. In addition, During his career, Rob spent more than 25 years building and leading diverse engineering teams. Rob is the recipient of multiple awards, patents, and nominations for recognized innovation and engineering design. Also, Rob is a graduate of mechanical engineering technology from George Brown. Rob is a published author of a variety of thought leadership articles.

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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.

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