Context
The raw materials sector is a significant factor in Colombia’s economic development. It makes up around eight per cent of gross domestic product (GDP) and employs around 750,000 people. Crude oil, natural gas and coal are extracted as well as ores and metals to a lesser extent. The raw materials sector is responsible for around 34 per cent of all greenhouse gas emissions in Colombia, which means that fulfilling the ambitious Nationally Determined Contributions (NDCs) for climate protection will only be possible by significantly reducing emissions.
According to the current national development plan, the amount of GDP generated by the raw materials sector is set to increase by almost 10 per cent. In the course of this, however, greenhouse gas emissions are to be reduced. Environmental needs are to be considered as more significant in the extraction and processing of raw materials.
The raw materials industry in Chile (mainly copper mining) contributes 60 per cent of export revenues and is therefore one of the most important branches of the economy. It makes up 12 per cent of GDP. More than 850,000 jobs depend on this industry. The raw materials industry is also harmful to the environment: Chilean mines consume around a third of all energy produced by the country and pollute the Earth’s atmosphere with more than 14 million tonnes of carbon dioxide every year. This is 1.5 times Stuttgart’s emissions
Objective
Colombia and Chile are extracting and processing raw materials using less energy or renewable energy and are transporting them using alternative methods. The governments are increasingly using experiences gained in this area to further develop their regulations and strategies and are contributing these in international dialogue and negotiating forums.