A Vision for a Sustainable Battery Value Chain in 2030

The report by the World Economic Forum outlines a vision for a sustainable battery value chain by 2030, emphasizing the role of batteries in sustainable development and climate change mitigation.

(Generated with the help of GPT-4)

The research method involved constructing a “base case” to model material flows, emissions, and value flows for the battery value chain. Levers to positively influence GHG emissions and value flows were identified, and their impact estimated. Quality and feasibility tests were conducted on developed scenarios, focusing on lithium-ion batteries and their application in transport, energy storage, and consumer electronics. The analysis used proprietary databases, models, stakeholder perspectives, research papers, and expert interviews.

(Generated with the help of GPT-4)

The report presents a vision for a sustainable battery value chain by 2030, emphasizing its role in sustainable development and climate change mitigation. It highlights the potential of batteries to reduce carbon emissions in transport and power sectors, provide electricity access, and create jobs. However, it also outlines challenges like the GHG footprint of battery production, social and environmental risks in raw material supply, and the economic viability of battery applications. The report proposes a set of levers and immediate actions to shift towards a sustainable trajectory, including circular economy practices, technological innovations, and responsible sourcing.

(Generated with the help of GPT-4)

Categories: 2030 time horizon | 2030s time horizon | English publication language | Global geographic scope | battery production | battery value chain | circular economy | climate change mitigation | ghg emissions | raw material supply | responsible sourcing | social risks | sustainable development | technological innovation