The world of the future: energy, raw material, and decarbonization to be more sustainable

The demand for sovereignty over critical raw materials explores the pivotal role of these resources in achieving carbon neutrality by 2050 and facilitating the transition to sustainable mobility. This shift from fossil fuels to renewable energies underscores the need for raw materials to sustain the energy and battery value chain. Addressing the challenges of extraction, processing, and recycling, this discussion emphasizes the importance of securing raw materials availability in Europe to support the twin transition. International trade is important to ensuring diversification of supply through partnerships with emerging markets and developing economies in the framework of its Global Gateway strategy. It highlights strategies to enhance resilience and secure access to raw materials, thus promoting strategic autonomy. Furthermore, the dialogue focuses on reinforcing Europe’s industrial and economic sovereignty by strengthening competitiveness and securing energy supply, essential for this transformative journey towards a sustainable transition.