Nature Positive Role of the Mining and Metals Sector

The nature-positive transition can also present enormous opportunities for companies in this sector. The Forum’s Future of Nature and Business report estimated that a full nature-positive transition in the global economy could create $10.1 trillion of annual business opportunities by 2030. Of this amount, estimates show that undertaking the priority actions for the mining and metals sector could unlock more than $430 billion in cost savings and revenue upside by 2030 for businesses operating across the sector’s value chain. In particular, energy and water efficiency in operations, mine rehabilitation and efforts to move towards circularity through resource recovery present significant business opportunities (see Figure 8 and Table 3). To calculate the opportunity summarized in the waterfall in Figure 8, the following opportunities from the Future of Nature and Business report were identified as relevant (see Table 3). Further information on the calculation methodology can be found in the Appendix. Business opportunities for the mining and metals sector by 2030 ($, billion) FIGURE 8 51 Transform policy systems and collaborate across sectorsRestore and regenerate landscapesExpand circularity and source responsiblyImprove water stewardshipTransform operations across the mine life cycleTotal5694 436 53 1 2 3 4 5 183 Undertaking the priority actions for the mining and metals sector could unlock more than $430 billion in cost savings and revenue upside by 2030. Nature Positive: Role of the Mining and Metals Sector 29 Nature Positive: Role of the Mining and Metals Sector 29