Ensure sufficient, sustainable and traceable supply of of energy transition metals

Ensuring the sustainable and traceable supply of energy transition metals can play a central role in overcoming these challenges. Sound yet stringent policies – ranging from incentivizing exploration activity and enforcing transparent fiscal regimes to encouraging domestic value-addition and providing direct financial support – enable particularly resource-rich economies to simultaneously de-risk potential projects while building an attractive investment landscape for the wider sector. Governments in consumer-driven economies, however, often look to strengthen international partnerships and to maximize local production to drive diversification. Either way, any policymaking process should prioritize environmental, social and governance issues to ensure the sector progresses in line with evolving standards.