Translating Critical Raw Material Trade into Development Benefits

The document addresses the soaring demand for critical raw materials essential for the energy transition and the resulting increase in state-to-state arrangements. It argues that while developing countries hold significant mineral reserves, they must prioritize sustainable mining and strategic deal elements to translate these resources into broader economic development. Additionally, it investigates the role of regional integration initiatives, specifically the African Continental Free Trade Area, in attracting investment for local clean technology value chains.

• Developing countries possess a significant portion of estimated critical mineral reserves, presenting a potential development pathway, provided that mining is conducted sustainably and nations secure benefits from their natural resources.
• There is a growing trend of countries utilizing state-to-state arrangements to improve supply resilience and promote the development of new projects for critical minerals needed for the energy transition.
• Regional integration frameworks, such as the African Continental Free Trade Area, are being evaluated for their ability to increase investor interest in local value chains for clean technology.

APA

World Economic Forum (2024). Translating Critical Raw Material Trade into Development Benefits. https://www.weforum.org/publications/translating-critical-raw-material-trade-into-development-benefits/

Chicago

World Economic Forum. Translating Critical Raw Material Trade into Development Benefits. 2024. https://www.weforum.org/publications/translating-critical-raw-material-trade-into-development-benefits/.

Wikipedia

{{cite report |author=World Economic Forum |title=Translating Critical Raw Material Trade into Development Benefits |date=24 May 2024 |url=https://www.weforum.org/publications/translating-critical-raw-material-trade-into-development-benefits/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2024translating, author = {{World Economic Forum}}, title = {{Translating Critical Raw Material Trade into Development Benefits}}, institution = {World Economic Forum}, year = {2024}, month = may, url = {https://www.weforum.org/publications/translating-critical-raw-material-trade-into-development-benefits/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }