The European Fund for Sustainable Development Plus (EFSD+) invited participants to a high-level workshop to discuss challenges and opportunities in investing and supporting private investment for a sustainable and secure supply of critical raw materials, while driving green and digital transformation.
Carl Heinrich Bruhn, CEO of CHB Investment Holding and co-founder of The Critical Minerals Fund (TCMF), presented TCMF to more than 100 business delegates, DFI principals and EU member state representatives during the conference. The internationally oriented Fund aims to secure access to and explore for critical minerals specifically in Africa but also in South America, placing particular emphasis on the highest standards and sustainability in these locations. Africa, with its enormous potential for raw materials and suitability as an alternative region to source from, will play a crucial role in supplying raw material markets in the future.
The workshop highlighted the importance of strategic partnerships in the area of mineral commodity value chains, which have already been established with several countries, including Canada, Ukraine and Argentina. Partnerships within a wide range of sectors, including the integration of mineral commodity value chains, research & innovation, promotion of transparent and sustainable mining practices, and support for infrastructure and capacity building in the respective countries are important goals of the European Commission. A particular focus was put on topics such as environmental, social and governance issues.
This is where Carl Heinrich Bruhn was able to position the role of TCMF with its mission to drive economic development in Africa, promote employment opportunities and ensure value creation locally.
The EU is charting a determined course to ensure a secure supply of critical raw materials.