Eurasian Resources Group enters into a principal agreement with China's NFC to complete the construction of its project in Africa; EXIM and ICBC to support the financing, Sinosure to provide the insurance
World Economic Forum - Decade of the Battery: Sustainable Batteries Represent the Best Prospect for Meeting Paris Climate Goals
Advances in the production, use and reuse of batteries mean that the technology could become the most significant intervention to keep global warming within the limits set by the Paris Agreement on climate change between now and 2030, according to a report published today.
"The vast potential of the global battery sector transcends boundaries across economies, industries and geographies. Harnessed appropriately, it may help meet the 2°C goal of Paris Agreement and create millions of safe jobs but also alleviate poverty and tackle ethical issues in the most vulnerable communities. This opportunity should be seized upon but, as this landmark report highlights, it is only through coordinated, collaborative action that we can achieve our collective global sustainability ambitions,” said Benedikt Sobotka, CEO of Eurasian Resources Group and co-chair of the Global Battery Alliance.
The release by the World Economic Forum and the whole report by McKinsey are both available here.