Natural resources demand, energy transition, and global mineral market: An assessment of BRICS mineral policy

Muhammad Farhan Bashir, Mara Madaleno, Arshian Sharif () and Madiha Bashir

Resources Policy, 2025, vol. 100, issue C

Abstract: As global sustainable policies continue to evolve, understanding the nuanced association between energy transition and natural resource policies has led to policy debate between industrial stakeholders and policymakers. Within this view, we employ mineral resource costs, energy transition, green technological innovation, and resource extraction demand within the empirical model for BRICS economies. We use extensive econometric analysis to document that mineral resource costs negatively affect demand for natural resources, whereas energy transition, environmental innovation, manufacturing value addition, and trade increase natural resource demand. Our empirical investigation offers valuable insights to propose novel policy solutions stemming from natural resource demand and improving environmental sustainability.

Keywords: Natural resources demand; Mineral resource costs; Energy transition; Mineral resource policy; BRICS (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420724008195
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:100:y:2025:i:c:s0301420724008195

DOI: 10.1016/j.resourpol.2024.105452

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().