DDW: Critical Minerals and Clean Energy Technology Manufacturing Supply Chains

Deep Dive Workshop

Critical Minerals and Clean Energy Technology Manufacturing Supply Chains

Organized by: Asian Development Bank (ADB)

Wednesday, 5 June 2024

2:00 - 5:30 p.m. (GMT +8) | Multi Function Hall 3

The Abu Dhabi Consensus forged at COP 28 to triple renewable energy capacity installed by 2030 further underscores the essential importance to develop inclusive, resilient, and sustainable clean energy supply chains. Globally, an accelerated clean energy transition is challenged by (i) the current geographical and market concentration in existing critical mineral extraction, value addition, and component manufacturing; (ii) the need to rapidly ramp up production capacities; and (iii) long lead times to expand production, for the extraction of critical minerals. Developing Asia holds considerable resources vital to a clean energy future. For example, Indonesia and the Philippines are known to have 27 percent of global reserves of nickel, and Mongolia is estimated to have rare earth elements equivalent to 17% of global reserves. Kazakhstan holds reserves of nearly all the minerals defined as critical by the European Union to achieve its commitment under the Paris Climate Agreement. A favorable demographic dividend, low labor cost, a growing base of related industries, strong and deepening integration in global value chains, an enormous, largely untapped, market for clean energy, and access to deep pools of capital for investments are some of the drivers that position developing Asia well to become a global powerhouse for clean energy technology manufacturing. The development of upstream and mid-stream clean energy technology supply chains, therefore, holds significant potential to act as motor for an accelerated clean energy transition and presents transformational potential for developing Asia’s growth, employment, and wider sustainable and inclusive development. But countries need to create favorable business ecosystems, recalibrate investment incentives, and establish appropriate regulatory frameworks, standards and innovation frameworks.

AGENDA

2:00 -2:05 p.m.

Opening Remarks

Erdenetuya Darinchuluun, Director’s Advisor, Board of Directors, Asian Development Bank (ADB)

2:05 - 2:20 p.m.

Scene Setting: Strengthening Clean Energy Technology Supply Chains by 2030—Opportunities and Challenges for Developing Asia and the Pacific Region

Carishma Gokhale-Welch, Partnership Development Manager, Strategic Partnerships Office, National Renewable Energy Laboratory (NREL)

2:20 - 3:10 p.m.

Panel 1: Opportunities and Challenges for Resource-Rich Countries in Asia and the Pacific to Build Resilient Clean Energy Technology Supply Chains

Jae Young Choi, Director General, Task Force for Supply Chain and Economic Security, Ministry of Economy and Finance, Republic of Korea

Omonullo Nasritdinkhodjaev, First Deputy Minister, Ministry of Mining Industry and Geology of the Republic of Uzbekistan

Rogel Santos, Marine Geological Survey Division, Mines and Geosciences Bureau

Cathy Marsh, Deputy Director General, Private Sector Investments, ADB

Roger Fischer, Executive Director, Asian Development Bank

Moderator:

Charles Feinstein, Lead Critical Mineral Expert Consultant, ADB

3:10 - 3:30 p.m.

Q&A

3:30 - 4:00 p.m.

Coffee Break

4:00 - 4:45 p.m.

Panel 2: Opportunities and Challenges for Developing Asia and the Pacific Countries to develop CET Manufacturing Supply Chains

Omar Tsereteli, Senior Specialist, Ministry of Economy and Sustainable Development of Georgia

Nishant Arya, Vice Chairman, JBM Group

Jonathan Back, Chief Financial Officer, ACEN

Rishabh Jain, Senior Programme Lead, Council on Energy, Environment and Water (CEEW)

Wei Huang, Energy Strategy and Policy Officer, Asian Infrastructure Investment Bank (AIIB)

Moderator:

Annika Seiler, Principal Energy Specialist, ADB

4:45 - 4:50 p.m.

Stakeholder Consultation on ADB Assistance Approach Presentation of ADB’s Assistance Approach

Annika Seiler, Principal Energy Specialist, ADB

Kwang Jo Jeong, Senior Regional Cooperation and Integration Specialist, ADB

4:50 - 5:20 p.m.

Discussion on One ADB Approach

Lim Seanghour, Vice Chief Office Department of Industrial Mining, General Department of Mineral Resources, Ministry of Mines and Energy, Cambodia

Peter Warren, A2D Facility Manager, UNIDO

Miao Hong, Director, Sustainable Investment Program, WRI China

Rishabh Jain, Senior Programme Lead, CEEW

Charles Feinstein, Director on Energy and Extractives, World Bank

Assheton Carter, CEO, TDi Sustainability

5:20 - 5:30 p.m.

Open Discussion with stakeholders

Moderator: Pradeep Tharakan, Director Energy Transition, ADB

SPEAKERS

Carishma Gokhale-Welch

Partnership Development Manager, Strategic Partnerships Office, NREL

Jae Young Choi

DG, Task Force for Supply Chain and Economic Security, Ministry of Economy and Finance, Korea

Rogel Santos

Mines and Geosciences Bureau, Marine Geological Survey Division

Cathy Marsh

Deputy Director General, Private Sector Investments, Asian Development Bank

Roger Fischer

Executive Director, Asian Development Bank

Omar Tsereteli

Senior Specialist, Ministry of Economy and Sustainable Development of Georgia

Nishant Arya

Vice Chairman, JBM Group

Jonathan Back

Chief Financial Officer, ACEN

Rishabh Jain

Senior Programme Lead, CEEW

Wei Huang

Energy Strategy and Policy Officer, AIIB

Annika Seiler

Principal Energy Specialist, ADB

Peter Warren

A2D Facility Manager, UNIDO

Miao Hong

Director, Sustainable Investment Program, WRI China

Omonullo Nasritdinkhodjaev

First Deputy Minister, Ministry Of Mining Industry and Geology Of The Republic Of Uzbekistan

Charles Feinstein

Director on Energy and Extractives, World Bank

Assheton Carter

CEO, TDi Sustainability

Kwang Jo Jeong

Senior Regional Cooperation Specialist, ADB

Pradeep Tharakan

Director, Energy Transition, Asian Development Bank

Deep Dive Workshop

Critical Minerals and Clean Energy Technology Manufacturing Supply Chains

AGENDA

SPEAKERS

PRESENTATIONS