Zimbabwe Needs Critical Minerals Strategy
Zimbabwe requires a critical minerals strategy due to the rising trend of green industrialization in the 21st century.
The 21st century has seen a significant increase in green industrialization, with companies expected to produce goods and services in an environmentally sustainable manner. This shift is driven by the need to reduce carbon footprint and comply with strict climate change regulations.
- Companies are increasingly using renewable energy in their production processes.
- Strict regulations linked to climate change will affect exports to advanced economies, such as the European Union (EU), United States, and Japan.
The EU intends to charge carbon taxes on its imports from the rest of the world, starting from 2026.
Author's summary: Zimbabwe needs a critical minerals strategy to stay competitive.
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