(by Alicia Aleman)
According to a report on the future of the mining sector by the World Economic Forum, these are the 7 drivers of change which will shape the future of the metals and mining industry by 2050:
Higher demands for fairness
Greater expectations among the broader stakeholder community, including governments, communities and indigenous people, for a more equitable distribution of the benefits, costs and risks related to mining and metals activities
Regulation, decision-making, access to information and capacity becoming more representative
Growing concern for the environment
Increased focus on the protection and sustainable management of water, biodiversity and the climate
Abrupt generational change
New ideas and values shaping the leadership profile in the sector, government and civil society
Intensified rate of technological change
New, more sophisticated technologies and innovations transforming mining and metals processes and operations
Mining operations increasingly in remote, undeveloped regions
Rising concerns related to artisanal mining
The social and environmental challenges associated with ASM become priority issues
Click here if you want to read the report.
In the Justice in Mining Network we are discussing how these changes may shape the lives of the most vulnerable peoples and communities, and our Mother Earth. Will the higher demand for fairness lead to more equitable deals between companies, governments and communities? Will access to accurate and pertinent information become a reality? Is deep-sea mining or asteroid mining ethical or even safe? How to ensure that human rights are respected everywhere and for everybody?