Track 3: Environmental Stewardship

218 grid sites renewables + storage + dispatchable backup Reportin g readiness MRV systems; supplier documentati on Enabler Residual emission s Compensati on via sinks (after mitigation) Residual Source note: Repsol, “Soluciones a la descarbonización. Propuestas Repsol” (session material, September 2023). 6. CONCLUSIONS AND IMPLICATIONS FOR INDUSTRY Mining operational decarbonization is feasible but benefits from an integrated portfolio: renewable electricity, efficiency, renewable fuels and (longer term) hydrogen [1], [2]. For Peru, aligning mining operations with low-emissions pathways supports long-term competitiveness under increasing market and policy expectations [6], [7]. Next steps should focus on site-specific techno-economic assessments and standardized metrics for low-emissions mineral production REFERENCES [1] Intergovernmental Panel on Climate Change (IPCC), Climate Change 2023: Synthesis Report – Summary for Policymakers, Geneva, Switzerland, 2023. [2] International Energy Agency (IEA), Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach – 2023 Update, Paris, France, 2023. [3] U.S. Environmental Protection Agency (EPA), Greenhouse Gas (GHG) Emissions and Removals, Washington, DC, USA, last updated 2026. [4] N. Stern, The Economics of Climate Change: The Stern Review, Cambridge University Press, Cambridge, UK, 2006. [5] International Energy Agency (IEA), The Role of Critical Minerals in Clean Energy Transitions, revised edition, Paris, France, 2022. [6] World Bank, Decarbonization of Mining in Peru: A Background Note for the Peru Country Climate and Development Report (CCDR), Washington, DC, USA, 2022.

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