first_img“These guiding principles are an important first step to build a value chain that can deliver on this promise while supporting societies and economies at the same time,” Waughray added. UNDP China, CCIEE launch report to facilitate low-carbon development “We all need batteriesto power the clean revolution. However, we must ensure violations of humanrights do not occur anywhere in the value chain, that local communities benefitand that battery production is sustainable,” said Dominic Waughray, managingdirector, World Economic Forum. Low carbon, solar future could increase jobs in the future – SAPVIA Generation Comments are closed. The principles will guide the development of a global digital battery information disclosure system referred to as the Battery Passport. Some 42 organisations have agreed on the 10 guiding principles developed by the Global Battery Alliance to create a sustainable battery value chain by 2030. The organisations, from the mining, chemicals, automotive, and energy industries, have confirmed that they are in support of the alliance’s A Vision for a Sustainable Battery Value Chain in 2030 at the World Economic Forum. Maximising the productivity of batteriesEnabling a productive and safe second life useCircular recovery of battery materialsEnsuring transparency of greenhouse gas emissions and their progressive reductionPrioritising energy efficiency measures and increasing the use of renewable energyFostering battery-enabled renewable energy integrationHigh-quality job creation and skills developmentEliminating child and forced labourProtecting public health and the environment and supporting responsible trade and anti-corruption practicesLocal value creation and economic diversification The principles would help reduce carbon emissions from the transport and energy sectors by accelerating the adoption of electric vehicles and renewable energy technologies. BRICScenter_img Battery storage is a key topic at the African Utility Week and POWERGEN Africa conference. Click here to register to attend or for more information about the event. Read the latest developments on battery storage The principles include: RELATED ARTICLESMORE FROM AUTHOR Featured image: Stock AFD and Eskom commit to a competitive electricity sector TAGSBattery storagecarbon emissionsWorld Economic Forum Previous articleDavos: Policy certainty needs to be secured, says MboweniNext articleIRENA and CDP partner to promote the renewables transition Babalwa BunganeBabalwa Bungane is the content producer for ESI Africa – Clarion Events Africa. Babalwa has been writing for the publication for over five years. She also contributes to sister publications; Smart Energy International and Power Engineering International. Babalwa is a social media enthusiast. “We are aiming to ensure that the vast benefits to the global economy never come at the cost of the most vulnerable communities. A key focus for ERG is working with all Alliance members to eradicate child labour within the battery value chain.” Finance and Policy Commenting on the announcement, Benedikt Sobotka, co-chair of the Global Battery Alliance and CEO of ERG, said: “As we convene for the 50th anniversary Davos meeting, the launch of the 10 key principles will help bring the Alliance one step closer to unlocking the potential of batteries to power sustainable development. last_img read more