Powering the Future 2025

5. Investing in the workforce needed for a circular battery economy by training and reskilling for circular jobs, integrating and preventing development of informal markets, and prioritizing principles of just transition. In a circular battery economy, the value chain will no longer rely on virgin minerals, resulting in job losses in mining-related industries. The workers displaced and others can take advantage of the many circular career opportunities that will become available if they receive upskilling and reskilling support. Governments, industry representatives, and educational institutions will need to work together to ensure that workers have the skills they need to succeed in the circular economy. Batteries are an exceptional asset for humanity and will enable the energy transition. However, it is crucial to not replicate the errors of the past and not disregard the externalities generated by energy systems. The time to act is now, before the compounding of systemic environmental and social damage, to create a circular battery economy that serves communities worldwide, protects the environment and allows for economic growth. Powering the Future: Overcoming Battery Supply Chain Challenges with Circularity 5