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4,502 result(s) for "nonrenewable resources"
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The Environment and Directed Technical Change
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. The final good is produced from \"dirty\" and \"clean\" inputs. We show that: (i) when inputs are sufficiently substitutable, sustainable growth can be achieved with temporary taxes/subsidies that redirect innovation toward clean inputs; (ii) optimal policy involves both \"carbon taxes\" and research subsidies, avoiding excessive use of carbon taxes; (iii) delay in intervention is costly, as it later necessitates a longer transition phase with slow growth; and (iv) use of an exhaustible resource in dirty input production helps the switch to clean innovation under laissez-faire.
Recycling and circular economy—towards a closed loop for metals in emerging clean technologies
Resource efficiency, energy, and mobility transition are crucial strategies to mitigate climate change. The focus is on reducing the consumption of resources, especially energy and raw materials. While raw materials are the basis of our material world, their excessive consumption over the last decades has also contributed significantly to climate change. However, raw materials, and here especially metals, play a key enabling role as well for climate protection technologies, such as electro mobility, the hydrogen economy, and solar and wind power plants, and also for digitalization. Accordingly, it is necessary to make the use of raw materials much more resource-efficient than before and to use them as purposefully as possible instead of consuming them. Advanced circular economy systems and sophisticated recycling technologies build the backbone for the development of a resource efficient and sustainable society. Closed metal cycles contribute for a paramount share to this by securing relevant parts of the raw material supply for high-tech products and by reducing CO2 emissions in their production at the same time. Interacting steps in multistage treatment processes by mechanical, chemical, and thermal unit operations are challenging but will give a competitive advantage for networks of industry and science that are able to handle that.
Challenges and opportunities of the European Critical Raw Materials Act
The Critical Raw Materials Act (CRMA) is an essential regulatory framework designed to address the pressing challenges faced by the European Union (EU) in the strategic sectors of decarbonization, digitalization, and aerospace and defense. It aims to tackle the lack of secure and sustainable access to critical raw materials (CRMs) by increasing anticipation and mitigation of supply risks, fostering domestic CRM potential, and promoting sustainable sourcing practices. Part of a broader “Green Industrial Plan” and aligned with the “Net-Zero Industry Act” (NZIA), the CRMA strives to position the EU as a leading hub for clean tech industries. The NZIA and CRMA packages respond to international trends of protecting clean energy technology and resources, akin to the US Inflation Reduction Act. Defining materials as “strategic” based on their relevance and expected demand for strategic technologies, the CRMA regulation establishes benchmarks for minimum shares of EU demand to be covered by domestically sourced and processed as well as recycled raw materials and aims at reducing dependencies on single third country suppliers in all steps of the supply chain. A communication complements the regulation by focusing on increasing CRM supply security and sustainability through circularity, standardization efforts, skill development, and strategic actions for research and innovation. Establishing a “CRM Club” and partnerships with like-minded countries intend to strengthen international partnerships to safeguard CRM supply security and facilitate sustainable investment in resource-rich nations. Challenges arise concerning the concept of “strategic raw materials” and meeting benchmarks, particularly in materials availability, recycling targets, diversification, and the establishment of necessary skills. Data gaps, potential national differences, coherence with national legislation, long-term economic viability, and potential fuelling of international tensions also pose significant challenges to the effective implementation of the CRMA. Addressing these challenges and embracing the opportunities presented by the CRMA are crucial steps toward achieving sustainable resource management and advancing the EU’s clean tech industries.
Mining’s contribution to national economies between 1996 and 2016
In several low- and middle-income countries rich in non-fuel mineral resources, mining makes significant contributions to national economic development as measured by the revised Mining Contribution Index (MCI-Wr). Ten countries among the 20 countries where mining contributes most (highest MCI-Wr score) have moved up one or two steps in the World Bank’s country classification between 1996 and 2016. In particular, African countries have benefitted. Socio-economic development indicators also show signs of progress for African mineral-rich countries. This paper provides an update and expansion of an earlier study within the framework of the United Nations University (UNU) World Institute for Development Economics Research (WIDER) initiative Extractives for Development. Based on the detailed data available for the sector, such as production, export, prices, mineral rents, exploration expenditure and government revenues, an analysis is carried out of the current situation for 2016, and trends in mining’s contribution to economic development for the years 1996–2016. The contribution of minerals and mining to GDP and exports reached a maximum at the peak of the mining boom in 2011. Naturally, the figures for mining’s contribution had declined for most countries by 2016, but importantly the levels were still considerably higher than in 1996. The results of this survey contradict the widespread view that mineral resources create a dependency that might not be conducive to economic and social development. In addition, this paper presents an attempt to use already available socio-economic indicators for African mineral-rich countries to measure socio-economic developments. One preliminary conclusion of this survey is that mining countries perform better than oil-producing countries and non-mineral countries in Africa as measured by these indices of human development and governance.
The impacts of environmental, social and governance (ESG) issues in achieving sustainable lithium supply in the Lithium Triangle
The electrification transition will intensify the demand for lithium. The endowment in the Lithium Triangle is significant, and the expectations for the global supply are high in terms of resources and sustainability. In this paper, we investigate the impact of environmental, social and governance (ESG) challenges to the future of sustainable lithium extraction. We undertook a qualitative analysis to prioritise the risks associated with these challenges and discussed their interlinkages. We argue that a sustainable perspective for lithium extraction in the region requires continuous and informed dialogue among government, industry and community stakeholders and participatory processes that reduce the asymmetries of power and knowledge. We provide a list of urgent mitigation actions that could assist the move towards sustainability. These include the following. First is expanding our understandings of the water cycle of lithium brines in this region. This should be underpinned by baseline data and ongoing monitoring at the watershed scale, capacity building to strengthen institutions, improved regulations and data infrastructures to promote data transparency and accessibility. Second is integrating biodiversity impacts within existing mining practices and procedures (e.g. Environmental Impact Assessments — EIA). We propose the strategic implementation of the mitigation hierarchy and IFC’s Performance Standards to avoid, reduce and offset the risks of lithium extraction on ecosystem services and critically important biodiversity impacts. Third is strengthening social participatory processes that enable the local communities to become actors in decision-making and the ongoing management and monitoring of lithium projects. Fourth is establishing a framework to support a Strategic Environmental and Social Assessment (SESA) process specific to lithium with a regional approach in the Lithium Triangle.