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New Report: Canadian Critical Minerals and Climate Innovation Ecosystem

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Posted 2024-11-05
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As global demand for sustainable practices grows, minerals powering clean technologies, such as EVs and solar panels, are more crucial than ever. Our new report from the UBC Sauder Centre for Climate and Business Solutions explores the role of the Canadian minerals and mining sector in this transition.

What’s Inside:

  • Comprehensive Overview: Discover Canada’s extensive mineral resources and the economic potential they hold for driving sustainable growth.
  • Innovation Mapping: A detailed look at the key players, including startups, investors, and research institutions, that are shaping Canada’s critical minerals ecosystem.
  • Pathways to Net-Zero: Learn about the technological advancements and collaboration opportunities crucial for achieving net-zero targets, from digital transformation and carbon capture to circular economy practices.
  • Addressing Funding Gaps: Insights into Canada’s innovation funding landscape, highlighting the need for investment to bridge the “Valley of Death” and support startups in the commercialization of new mining technologies.

Climate Solutions for Mining and Minerals
Our report also outlines innovative strategies within the mining and minerals sector to tackle both acute and transition risks posed by climate change. These solutions underscore the importance of collaboration and leadership in achieving resilience and sustainability:

 

 

  • Acute Risk Preparation: Developing resilient infrastructure to withstand climate impacts, with a focus on water and tailings management.
  • Decarbonization and Electrification: Transitioning to electrified operations, integrating renewable energy, and adopting technologies for carbon capture and emissions tracking.
  • Supply Chain Resilience: Enhancing traceability and diversifying critical mineral sources to secure stable and sustainable supply chains.
  • Workforce Transition and Training: Building a climate-ready workforce through targeted education and reskilling programs.
  • Circular Economy and Water Management: Emphasizing resource regeneration and sustainable water usage across the mining value chain. 

These strategies highlight the sector’s potential to lead in climate solutions, supporting Canada’s journey to net-zero. Download the full report to explore how collaborative efforts across the ecosystem can drive a sustainable future.

This report is the first in a series aimed at fostering innovation and collaboration within Canada’s critical minerals ecosystem. Download now to see how Canada’s mining industry is evolving to meet the demands of a sustainable future.