The clean energy transition needed to avoid the worst effects of climate change could unleash unprecedented metals demand in coming decades, requiring as much as 3 billion tons.
Soaring Metal Prices May Delay Energy Transition
Clean energy needs may cause years of high prices for copper, nickel, cobalt, and lithium under a net-zero emissions scenario.
Chart of the WeekFour Factors Behind the Metals Price Rally
By Martin Stuermer and Nico Valckx
As economies reopen in various parts of the world, the price of some commodities has soared, including the prices of prominent industrial metals. The extent to which the metals price rally may lose steam depends on how multiple factors will play out. […]
Chart of the Week: Sub-Saharan Africa’s Growth—A Tale of Different Experiences
By IMFBlog
December 13, 2018
Villagers of Moruleng mining community in South Africa; Sub-Saharan Africa countries can see an increase in growth by relying less on commodities and more on non-resource intensive investments. (Photo: SIPHIWE SIBEKI/Reuters/Newscom)
The story of Africa’s growth rate over recent years is a tale with several story lines. […]