In other words, they form the material basis of the so-called energy transition that will enable the world to abandon fossil fuels and move towards other more sustainable sources, thereby slowing down global warming. These minerals are not particularly common and the majority of their reserves can be found in Africa, Latin America, Australia and Southeast Asia. The EITI is a global initiative launched in 2003, bringing together governments, companies and civil society to push for financial transparency and performance protocols for the global extractive industry. And finally, what energy transition are we going to have in Africa if 60% of the population has no access to electricity now? In the end, we are going to be left with very little through footing the environmental bill that allows others to move to a greener model.

Source: The North Africa Journal June 16, 2023 13:49 UTC