Resource-rich countries facing a double transition

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Resource-rich countries facing a double transition
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Resource-rich countries face a double transition – the transition in their energy supplies and the transition in their mining sectors, German Institute for International and Security Affairs senior associate Melanie Müller has said. The growing drive to confront the issues of climate change and other environmental dilemmas is gaining traction, manifesting as a 'green energy transition’, denoting a pivotal shift from energy sources reliant on fossil fuels to those harnessed from renewable origins such as solar and wind, she pointed out this week during a webinar hosted by The South African Institute of International Affairs (SAIIA).

Resource-rich countries face a double transition – the transition in their energy supplies and the transition in their mining sectors, German Institute for International and Security Affairs senior associate The growing drive to confront the issues of climate change and other environmental dilemmas is gaining traction, manifesting as a 'green energy transition’, denoting a pivotal shift from energy sources reliant on fossil fuels to those harnessed from renewable origins such as solar and...

Müller was guest editor of the special issue, which focuses on the global just energy transition and merges various viewpoints on the green energy transition and mineral value chains from Latin America and Africa. She said that, until now, there have been limited efforts for intensive international cooperation between the global north and south to bolster value creation or alternative forms of production and energy.

Müller noted that initiatives for implementing green industrialisation programmes, with a focus on the future of the minerals sector, is crucial as it reduces nation States in the global south being dependent on global uncertainties and encourages all parties to avoid quick fixes. It also provides opportunities to formulate progressive reform programmes for the minerals sector.

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