Mining Giants Commit to Urgent Action on Nature

Members of the International Council on Mining and Metals (ICMM), which make up a third of the global mining and metals industry, have said that meeting the growing demand for critical minerals should not be done at the expense of nature. As such, ICMM members have committed to a five-point plan, which involves protecting and conserving pristine areas of the natural environment, halting biodiversity loss caused by their operations, collaborating across value chains, restoring and enhancing landscapes, and catalysing wider change. The commitments will apply across land, freshwater, oceans and the atmosphere, with mining companies expected to disclose nature-related impact and dependency assessments and set targets to address any shortcomings. “The mining industry owes its very existence to nature,” said ICMM President and CEO Rohitesh Dhawan. “At a time when the health of our natural world is in peril, yet the demand for critical minerals is set to soar, we have committed to significant collective action to help create a nature-positive future.” 

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