
Environment
Make the Green Prize work
The EU aims to increase the supply of critical raw materials while respecting environmental and social standards, facing additional costs known as the green premium. A two-tier policy strategy is proposed: setting market access requirements for CRMs and granting conditional incentives to ESG standard leaders. A separate market for sustainable CRMs is suggested, along with support through public procurement and price guarantees. Synchronisation with commercial initiatives and global efforts is key to driving a CRM market.