Demand for critical energy transition minerals like lithium, cobalt and copper could increase almost fourfold by 2030.Many developing countries have a wealth of these minerals but lack the processing capabilities needed to add value.Commodity dependence affects 66% of small island developing states, 83% of least developed countries and 85% of landlocked developing countries.As the climate emergency intensifies, demand is surging for minerals that are critical for renewable energy technologies like solar panels, wind turb
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Recent attacks on commercial vessels in the Red Sea have severely affected shipping through the Suez Canal, adding to existing geopolitical and climate-related challenges facing global trade and supply chains, UNCTAD says in a new report released on 22 February. The Red Sea crisis compounds the ongoing disruptions in the Black Sea due to the war in Ukraine, which have resulted in shifts in oil and grain trade routes and altered established patterns.
Recent attacks on commercial vessels in the Red Sea have severely affected shipping through the Suez Canal, adding to existing geopolitical and climate-related challenges facing global trade and supply chains, UNCTAD says in a new report released on 22 February. The Red Sea crisis compounds the ongoing disruptions in the Black Sea due to the war in Ukraine, which have resulted in shifts in oil and grain trade routes and altered established patterns.