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