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1、Translating Critical Raw Material Trade into Development BenefitsW H I T E P A P E RM A Y 2 0 2 4Images:Getty Images 2024 World Economic Forum.All rights reserved.No part of this publication may be reproduced or transmitted in any form or by any means,including photocopying and recording,or by any i

2、nformation storage and retrieval system.Disclaimer This document is published by the World Economic Forum as a contribution to a project,insight area or interaction.The findings,interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the W

3、orld Economic Forum but whose results do not necessarily represent the views of the World Economic Forum,nor the entirety of its Members,Partners or other stakeholders.ContentsExecutive summary 3Introduction 41 CRM partnerships 62 Employing regional integration 103 Accelerating development programme

4、s 12Conclusion 14Annexes 15Annexe 1:CRM partnership examples 15Annexe 2:Encouraging value addition in CRM partnerships 17Annexe 3:AfCFTA implementation for CRM investment 18Contributors 19Endnotes 20Translating Critical Raw Material Trade into Development Benefits2Executive summaryIncreased demand f

5、or energy-related critical raw materials could bring development opportunities for resource-rich countries.Trade deals need to be better leveraged to this end.Translating Critical Raw Material Trade into Development BenefitsMay 2024Demand for critical raw materials(CRMs)is soaring because they are n

6、eeded for new clean-energy technologies.Current projections suggest demand may rapidly outstrip supply.This presents opportunities for resource-rich developing countries as a source of future growth.However,sustainable development pathways will not emerge automatically,and significant investment fac