The experts made an urgent call for reforms to tackle the pressing problem of corruption in the transition minerals supply chains.
Corruption undermines essential safeguards that protect local communities and the environment, redirects public money into private hands, and disrupts and delays production at the very time when responsibly produced minerals are urgently needed to meet climate targets.
Corruption in mineral supply chains threatens a just energy transition and risks derailing global efforts to combat climate change. The global fight against climate change depends on our ability to develop low-carbon infrastructures, which require more minerals than fossil fuel-based systems.
Governments, companies, international organisations and the climate community must take decisive action now to combat corruption in mineral supply chains in transition.
The Expert Group on Preventing Corruption in Transition Minerals, which brings together the views of civil society, governments, academia and international organisations, has developed a set of key recommendations for tackling corruption in mineral supply chains. The development process was led by the Natural Resource Governance Institute (NRGI), with advice from the OECD Centre for Responsible Business Conduct and the Extractive Industries Transparency Initiative (EITI).
To find out more, read the blog post “How to Fight Corruption in Transition Mineral-Producing Countries: A Must to Meeting Climate and Energy Transition Goals” by Susannah Fitzgerald and Matthieu Salomon from NRGI.
