Copperbelt Katanga Mining’s Post

as relevent as ever... As the EU looks to diversify its supply of critical raw materials away from China, it wants to make it easier to tap into domestic reserves of the minerals it needs to build green technology like wind turbines and solar panels. But locals and green campaigners warn that slashing red tape for extraction projects risks taking a wrecking ball to decades of work to preserve nature and biodiversity, pointing out that mining can cause serious water and soil pollution and lead to deforestation and biodiversity loss. #criticalrawmaterials #greenmetals #biodiversity

"The choice is clear: Deep-sea mining is an unnecessary threat to ocean biodiversity. Responsible financiers can take a stand now, safeguarding our oceans for generations to come"

Across standards, there is the need to strengthen the language and the set of indicators that can be used to ensure that mining companies are undertaking measurable steps to avoid and minimize overall land use change and deforestation. Land use change is the most important driver of biodiversity loss, and the most apparent environmental impact of extractive activities is often linked to land use change and deforestation. Thus, focusing on land use change indicators is the best way to implement the mitigation hierarchy and prevent negative impacts on biodiversity.

Not every mining standard is created equal, and automakers need to be aware of the strengths and shortcomings of various standards in order to continue to make progress on responsible sourcing, avoid due diligence fines, and protect themselves from risk. Check out this analysis from Mighty Earth and Rainforest Foundation Norway of the limitations of three existing mining standards: IRMA Initiative for Responsible Mining Assurance The Copper Mark/RMI and Towards Sustainable Mining (TSM). They took a look at how these three different standards work to avoid deforestation and minimize impacts of mining on critical ecosystems like rainforests.

🌳 We must ensure that mining worldwide is conducted responsibly, upholding human rights and minimizing adverse environmental impacts. A new brief from Mighty Earth and Rainforest Foundation Norway analyzes the strengths and weaknesses of mining standards in addressing biodiversity and deforestation. ⛏️ We examined the limitations of three existing mining standards (IRMA Initiative for Responsible Mining Assurance The Copper Mark, and Towards Sustainable Mining (TSM) to avoid deforestation and minimize impacts on critical ecosystems like rainforests. Conserving tropical rainforests and stopping deforestation is critical to meeting our global biodiversity and climate goals, but mining activities are disproportionately impacting tropical forests.   #deforestation #biodiversity #transitionminerals #mining #nature #environment #climate #Norway #biodiversity #enddeforestation  #energytransition #criticalminerals De Vereniging van Beleggers voor Duurzame Ontwikkeling (VBDO) Principles for Responsible Investment Storebrand Asset Management Emerging Markets Investors Alliance (EMIA) Asia Investor Group on Climate Change (AIGCC) and Finance for Biodiversity  

Mining has increased rapidly amid the rush for energy transition minerals. The effects of this have impacted human rights, biodiversity loss, wildlife harm, environmental degradation, and health. Indigenous Peoples, whose lands make up more than half of transition minerals, remain the most vulnerable to these effects. Our Executive Director, Galina Angarova, and Edson krenak, SIRGE's Executive Committee member and Advocacy Coordinator at Cultural Survival share insights during our press briefing. Read more here. #SIRGECoalition #JustTransition #IndigenousRights #IndigenousPeoples #FreePriorAndInformedConsent #FPIC #UNDRIP #Environment #EnvironmentalJustice #ClimateJustice #HumanRights #EnergyTransition #TransitionMinerals

New brief from Mighty Earth and Rainforest Foundation Norway on how mining standards can protect or undermine human rights around the world.

🌊 Deep-Sea Mining: A Biodiversity Risk That Financiers Can Avoid 🌍 The Deep Sea Mining Campaign released a briefing paper for financiers at COP, highlighting the biodiversity risks posed by deep-sea mining (DSM) and the potential impacts of investing in this controversial sector. The COP agenda underscores the critical role of finance in protecting nature, with the 2022 framework calling for $700 billion per year for nature protection and restoration. While integrating private finance into nature-based solutions sparks debate, one clear path for financiers and insurers is to avoid sectors with the greatest biodiversity risks. Deep-sea mining stands out as an avoidable risk. 💔 Irreversible Biodiversity Loss: DSM could cause damage on multi-generational timescales, with far-reaching consequences for ocean ecosystems, planetary health, and humanity. ❓ Knowledge Gaps: Decades of research would be needed to fully understand the risks, yet proponents argue for rapid expansion to meet mineral demands – a claim debunked by the European Academies Science Advisory Council. 🌊 Sustainable Blue Economy Incompatibility: The UN Environment Programme FI has stated that DSM financing cannot align with the Sustainable Blue Economy Finance Principles. The good news? Financial exposure to DSM is still limited, making it easy for institutions to exclude it from their portfolios. So far, 15 leading financial institutions have explicitly ruled out DSM, and many more have signed the ‘Business statement supporting a moratorium on deep-sea mining.’ 🚫 The choice is clear: Deep-sea mining is an unnecessary threat to ocean biodiversity. Responsible financiers can take a stand now, safeguarding our oceans for generations to come. 📖 Learn more in our new briefing: https://bit.ly/3ZdgZnu #Biodiversity #FinanceForNature #DeepSeaMining #SustainableFinance #COP #OceanConservation #NatureProtection

We must ensure that mining across the world is conducted in a responsible way that upholds human rights and minimizes adverse environmental impacts. A new brief from Mighty Earth and Rainforest Foundation Norway analyzes the strengths and weaknesses of mining standards in addressing biodiversity and deforestation.  We examined the limitations of three existing mining standards IRMA Initiative for Responsible Mining Assurance The Copper Mark/RMI and Towards Sustainable Mining (TSM) to avoid deforestation and minimize impacts on critical ecosystems like rainforests. Conserving tropical rainforests and stopping deforestation is critical to meet our global biodiversity and climate goals, but tropical forests are being disproportionately impacted by mining activities. Read the brief here: https://lnkd.in/eYE7JjSm      #deforestation #biodiversity #transitionminerals #mining #nature #environment #climate #Norway #biodiversity #enddeforestation #MightyEarth #RainforestFoundationNorway  

Humbled to see our study (https://lnkd.in/ge2bg9dA) featured in Science X Network (Phys.org), bringing attention to the pressing issue of #mining-induced #deforestation and its #climate impacts. This research quantifies the #global toll of #mining on #forests and #carbon dynamics, urging balanced strategies for resource extraction and environmental #sustainability. Sharing such research is vital to fostering awareness of how unsustainable practices can harm #ecosystems and #society. We hope this study contributes to informed decisions, inspiring sustainable resource #management and stronger #climate action. Together, we can work towards solutions that balance #development and environmental #preservation. Thanks !!! #ResearchImpact #ClimateAction #Deforestation #Mining