Pandemic can worsen financial situation of mines

“I am afraid that due to the pandemic and its effects, the shutdown of the mines may accelerate, and this is a process that should be properly prepared,” Izabela Zygmunt from CEE Bankwatch Network, said.

It is also a process that cannot be avoided because of the European Union's climate goals. However, it should be accompanied by the agreement of all stakeholders, especially miners and local communities, as well as the use of billions of euros under the Just Transformation Fund.