Levers for building inclusive supply chains from critical minerals to manufacturing
Friday, 06 September 2024 | 14.00 arrival for 14.15-15.45 main event Mochtar Riady Room, Lv. 29 Menara KADIN
Jl. H. R. Rasuna Said Blok X-5 No.Kav. 2-3, Jakarta 12950
A scale-up of energy transition solutions in the Global South offers opportunities to meet rapidly growing energy demand, bridge the access deficit, and drive industrialization. Energy transition and green growth strategies must be closely tied to governments’ local value creation and job creation objectives. Unlocking these opportunities requires going beyond a focus on technology deployment alone and introducing targeted efforts to support the development of domestic and regional manufacturing capacity for various energy transition solutions, including solar PV, energy storage, and electric mobility, with backward linkages to locally available critical mineral resources.
A basket of policies is usually necessary, as part of a holistic industrial policy framework, that hinges on a long-term strategic vision and addresses both supply- and demand-side incentives, alongside interventions focused on education and training, regional and international trade frameworks, technology transfer, logistics and complementary infrastructure roll-out. Southeast Asia, in particular large economies such as Indonesia, are taking concrete steps to put in place enabling frameworks to attract investments in domestic manufacturing of energy transition solutions, including solar modules, batteries and electric vehicles, leveraging existing industries and linking to upstream segments enabled by critical minerals availability (e.g. nickel). Among the events it facilitated in the past, in July 2024, KADIN has co-hosted the International Battery Summit 2024, with the theme “The Future Battery Technology from Upstream to Downstream for Accelerating Clean Energy Transition.”
As countries across the Global South raise ambitions for local value creation and look to deploy various industrial policy tools, targeted efforts are needed to facilitate south-south cooperation, and deliver the data and analytics, tools and support that can inform decision making and facilitate collaboration to enable countries to have a stronger voice in the international discourse on critical minerals and renewable energy supply chain development. Given the volume of renewable energy manufacturing activity, ASEAN Member States can also explore and optimise its potential of developing a circular, green value chain with battery recycling capabilities.
In this context, SEforALL, the Institute for Transportation Studies (UC Davis) and Swaniti Global, announced a new partnership in May 2024 to establish the Council on Critical Minerals Development in the Global South – a dedicated platform to facilitate south-south and international cooperation on building inclusive minerals supply chains in emerging economies that ensure equitable benefits sharing and opportunities for linkages to local, regional and global manufacturing value chains.
Held in the sideline of Indonesia International Sustainability Forum 2024, this event is co- hosted by the Council on Critical Minerals Development in the Global South and KADIN Net Zero Hub. If you have any questions, please contact Jason (jason.riady@equatorise.com).
The session will take place in the sideline of the Indonesia International Sustainability Forum 2024 in collaboration with the Indonesian Chamber of Commerce and Industry (KADIN) in Jakarta in September 2024.
It will bring together 20-30 leaders from governments, the private sector, financing institutions and multilateral development agencies to identify the essential levers of change needed to support the further development of local and regional value chains for energy transition solutions in Indonesia and Southeast Asia and the role of south-south cooperation.
This discussion is timely as it aligns with ongoing discussions vis-à-vis the ASEAN Mining Development Vision. It will be conducted in the format of a moderated roundtable with 15-20 discussants, with 10 min allocated to Q&A with the remaining audience in attendance.
• Facilitate discussions on levers needed to unlock opportunities in value chain development for electric mobility, solar PV and energy storage in Indonesia and broadly Southeast Asia.
• Deliberate on how industrial clusters and Special Economic Zones can facilitate local value chain development, from critical minerals extraction, processing, refining to manufacturing, including battery recycling.
• Discuss opportunities for regional cooperation and south-south engagement on trade, technology and financing to strengthen local value chain development and maximize benefits.
• Identify challenges faced by governments and industry and assess partnerships needed to address barriers.
• Generate a set of actionable recommendations to guide stakeholders to design tools and platforms to advance countries’ local value creation and energy transition goals.
To join, please register in this link: https://bit.ly/LowCarbonEDD.
Pre-Event, Registration
14.00-14.15
Low-carbon Economic Development Dialogue begins
14.15:14.35
Intervention and Discussion
14.35:15.45
