Energy Transition

Clean energy transition: how can we meet the metals demand?

The electric vehicle battery packs needed to run EVs such as this one here could contribute to an increased demand for metals.

The clean energy transition is expected to significantly increase demand for metals. Image: UNSPLASH/Markus Spiske

Nico Valckx
Economista Principal, Departamento de Mercados Monetarios y de Capital del FMI
Martin Stuermer
Economist, Commodities Unit of the IMF's Research Department
Dulani Seneviratne
Financial sector expert, IMF’s Monetary and Capital Markets Department
Ananthakrishnan Prasad
Unit Chief , Climate Finance Policy Unit, Monetary and Capital Markets Department, IMF
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a chart showing metals in a net-zero scenario
A look at 'how far current metals production is stretched and whether existing reserves can provide for the energy transition,' Image: IMF
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a diagram showing which metals are crucial to the green energy transition and the countries which supply them
Countries such as China, Chile, and South Africa are 'all top producers for some of the metals most crucial to the energy transition.' Image: IMF

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Related topics:
Energy TransitionMining and MetalsClimate Change
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