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The Link between Ocean Energy and Mineral Resources
Ocean-based renewable energy could play a central role in the rapid decarbonisation of the energy system that is needed to stay within the 1.5°C limit established by the Paris Agreement, potentially delivering up to 5.4% of the annual emissions reductions needed by 2050, with the theoretical potential to deliver much more. Lowering global energy demand through more efficient end-use of energy would speed up the energy transition and increase the impact of ocean-based renewable energy.

Like many technological advances, the rapid scaling of new technologies requires raw materials. Ocean-based renewable energy technology and other components entering the global energy system, notably electrochemical battery storage systems, are no different, requiring metals such as lithium, cobalt, copper, steel and rare earth elements. Mining the deep seabed, where some of the metals used in renewable technologies are found in higher concentrations, potentially provides a new and abundant source of some of these metals, but invokes environmental, legal and governance challenges.

This webinar features the latest Blue Paper commissioned by the Ocean Panel: What Role for Ocean-Based Renewable Energy and Deep-Seabed Minerals in a Sustainable Future? The authors and other experts will discuss the choices and challenges faced by governments, businesses, communities and NGOs and which actions can help ensure that the scaling up of ocean-based renewable energy, and decisions taken about deep-seabed mining, maintain ocean health and achieve a sustainable ocean economy.

Peter Thomson, UN Secretary-General’s Special Envoy for the Ocean
Peter Haugan, Institute of Marine Research and Co-chair Ocean Panel Expert Group
Lisa A. Levin, Scripps Institution of Oceanography, University of California San Diego
Diva Amon, Natural History Museum, London
Francisco Boshell, International Renewable Energy Agency
Kristian Teleki, High Level Panel for a Sustainable Ocean Economy (Moderator)
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