Global Commodities Forum 2025
The expected surge in demand for critical energy transition minerals presents unique opportunities in developing countries endowed with such minerals to diversify their economies, overcome the limitations of commodity dependence, contribute to global supply chain resilience and ensure a just, equitable and sustainable green transition. By moving up the value chain and diversifying within and beyond the value chain of critical energy transition minerals, these countries can capture more economic value from their resources, leading to greater economic stability. Value addition also enables them to play a greater role in global supply chains, reducing reliance on a few suppliers, mitigating geopolitical risks and supply chain vulnerabilities. However, the exploitation of such minerals has, to date, lacked cohesive global policy frameworks to align resource demand with sustainable development in producing countries. Effective governance is crucial. UNCTAD has been playing an essential role as a key facilitator and secretariat co-leader of the…