markets will be able to deliver what you need, when you need it, at the price that you need. de risking is what western governors like to call it being less reliant on china. but this escalating tit for tat between the world s superpowers has got people worried about so called resource nationalism, weaponising materials that you hold, the technologies that you have. a lot of people that think that will have global consequences also for the health of the planet and that is because a lot of crucial green technologies rely on these so called critical materials. this isn t a national problem, this is a problem we face as a human race. and so hopefully policymakers can come to the table, secure access to the critical materials that are really essential for the energy transition, so we can start to tackle some of the challenges around decarbonisation.
and are worried about what they call resource nationalism, every country clearly wants to protect its own interests, but going it alone is pretty much impossible in this interconnected global economy. these metals are vital. there have been warnings that if countries are not careful and start turning their back on globalisation or relying on international markets to deliver materials when they need and that the pride they need, it will have a lot of knock on effects, notjust for businesses, but the health of the planet. there are lots of new green technologies that are very reliant on these materials and if countries start approaching it as a national problem are not a global problem, decarbonisation will then become a lot more difficult as well. thank you very much indeed for that. just time before we take a break to bring you the latest from the world cup football. england are playing
this threatens the overall narrative of globalisation, the idea that international markets will be able to deliver what you need, when you need it, at the price that you need. de risking is what western governments like to call it, being less reliant on china. but this escalating tit for tat between the world s two biggest superpowers, well, that s got people worried about so called resource nationalism, weaponising the materials that you hold, the technologies that you have. a lot of people think that s going to have global consequences also for the health of the planet. and that s because a lot of crucial green technologies rely on these so called critical materials. this isn t something that s a national problem. this is a problem that we face as a human race. and so hopefully, policymakers can bring their best selves to the table, secure access to those critical materials that are really essential for the energy transition, so we can start to tackle some of the