Evolution in African Mining: Investing in the Energy Transition, ESG, and the Economies
May 04, 2022DownloadsDownload Article
The mining industry faces new challenges to evolve African mining. While powering new strategies and transforming the energy transition, ESG, and the economies, these advancements will change how African mines operate and require careful consideration of the impact of those changes on mining stakeholders.
The two significantly positive takeaways from the COP26 were that a consensus seemed to have been reached on – what one climate scientist described as –“bending the carbon curve2” to avoid disastrous global warming over the next decade.
The second was reaffirming the pledge to provide poorer nations with $100 billion to support them in their climate adaptation strategies.
The mining sector also made commitments to act quickly on Scope 1 and 2 emissions to effect more significant supply chain decarbonisation.
1: Mining Digital article: How will COP26 disrupt the coal mining sector?
Author: Tom Swallow
2: UCLA article: ‘Bending the Curve’: Can We Flat-Line Global Warming by 2050?
Author: Jon Christensen
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