VANCOUVER — Joanna Kyriazis, director of policy and strategy at Clean Energy Canada, made the following statement in response to the joint statement from the EU and Canada following the Canada-EU summit in Montreal:
→ Today’s statement reiterates various positive high-level commitments to advance energy security and accelerate the energy transition. However, it provides comparatively few concrete measures.
→ A bright spot of the summit was the continued momentum around greater critical mineral supply chain integration between the regions. Critical minerals like lithium, nickel, copper, and graphite will be key to the strategic technology value chains identified in the statement and the energy systems of the future.
→ One of the few tangible actions detailed in the statement was the signing of a new framework agreement between Canada and the European Investment Bank, which will be essential for facilitating EU investment in Canadian critical minerals. As a recent Clean Energy Canada report detailed, stronger joint financing frameworks will be central to making real progress in this area and turning high-level MOUs into actual investments…
Source: Clean Energy Canada
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