Forbes

Materials, Energy and the Summit of The Future

K.Smith33 min ago

This week marks a historic milestone for the United Nations as world leaders gather in New York to sign off on three key documents: The Pact for the Future, The Global Digital Compact and the Declaration on Future Generations. There are fifty-six action items in these documents. The lofty aspirations miss a core issue of how the material-energy nexus for our planet's resources needs to be harnessed to achieve these actions. While energy is mentioned 15 times in the document with goals of mitigating "energy poverty" and aspirations for "energy for all," there is not a single mention of materials or minerals needed for delivering on these aspirations. Yet again world leaders keep missing opportunities to have a truly systems approach to solving global problems which recognize natural resource constraints.

Fifteen years ago, in my book Treasures of the Earth: Need, Greed and a Sustainable Future , I considered the following question: If we were to come up with a simple algorithm for considering global challenges, what would it be? While it would be sheer hubris for any summit to formulate solutions to the world's myriad problems, we can have more substantive points of intervention. In 2009, I suggested that a very general five-point development action plan that embraces the primacy of natural resources might look something like the following:

2. Identify proximate challenges to human development by linking livelihood creation to particular material and energy supply chains - leading to a " sustainable livelihood assessment" for different products.

This simple five-point strategy is still relevant today as minerals and energy are the ultimate primary resource. The U.N. Secretary General clearly recognizes the salience of critical minerals for the green transition as he commissioned a special panel ahead of the Summit for the Future. The report of this panel was issued on September 11, 2024, but even in this report the actionable items are oblique and bureaucratic with calls for new funding mechanisms and councils but no tangible policy deliverables. There are calls for a "High Level Advisory Group" with the enticing but amorphous acronym 'Accelerating Critical Energy Transition Minerals Value Addition Towards Equity' (ACTIVATE). Yet, the core issue of reducing geopolitical tensions around minerals and energy infrastructure are skirted around and not addressed.

The Summit for the Future is meant to consider the world's sustainable development agenda beyond 2030 when there is donor fatigue with even the use of the word "sustainability." It is high time that the United Nations and other international organizations go back to the basics of what natural resources are needed to deliver development in all its various forms.

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