Corruption in critical mineral supply chains: Impeding sustainable development and disrupting security of supply
May 25, 2023 | 9:00 AM - 10:15 AMCC 1
May 25, 2023 | 9:00 AM - 10:15 AM
CC 1
Description
Meeting the Paris Agreement climate goals will require a quadrupling of the minerals currently used by clean energy technologies by 2040. Corruption could undermine the mining and metals sector’s ability to meet this surging demand responsibly—if at all. Many players in today’s critical mineral supply chains are assuming new roles and negotiating unprecedented deals. As a result, companies are managing unfamiliar corruption risks, and regulators and oversight actors are struggling to keep up. This session will highlight current challenges and best practices for mitigating corruption risks and perspectives on how governments can incentivise responsible behaviour and support efforts to combat corruption across the mineral supply chain.
