May 9, 2025 - 18:19
A potential shortage of copper on a global scale poses significant risks to the ongoing shift towards clean energy and advanced digital technologies, according to a recent warning from the United Nations Conference on Trade and Development (UNCTAD). The organization emphasizes that without the implementation of more strategic trade and investment practices, the ambitious goals set for reducing carbon emissions and enhancing technological infrastructure may face substantial delays.
Copper is a critical component in various applications, including electric vehicles, renewable energy systems, and high-tech devices. As the demand for these technologies surges, the supply chain for copper is under increasing strain. UNCTAD highlights the need for countries to collaborate and innovate in their approaches to mining, recycling, and trade to ensure a steady supply of this essential metal.
If proactive measures are not taken, the anticipated copper deficit could hinder progress in achieving a sustainable future, impacting both economies and the environment globally.
