Devex 219d ago

Transition minerals are essential for a clean energy future, but who captures the value? The Brazilian Development Bank is supporting exploration for lithium and other critical minerals. However, the raw materials are largely exported, benefiting the Global North more than the producing nations. This raises crucial questions for COP30: How do we ensure processing capacity stays with the countries that own the deposits, guaranteeing a truly just transition? Read Jesse Chase Lubitz’s full story on the topic: https://www.devex.com/news/as-cop30-debates-just-energy-transition-brazil-s-lithium-towns-suffer-111243 Listen to the full podcast episode: https://www.devex.com/news/on-the-ground-at-cop30-the-latest-on-climate-finance-and-deciphering-the-jargon-111319