INTIEAGermany · National Security Strategy: Integrated Security for GermanyPolicyIn force

National Security Strategy: Integrated Security for Germany

Germany's National Security Policy lays out integrated security measures to ensure that all areas potentially subject to external threats are covered. It particularly includes a strategy on boosting economic and financial resilience and raw materials security. Citing…

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Country / jurisdiction: Germany · Year: 2023 · Status: In force · Level: National · Type: Voluntary

Germany's National Security Policy lays out integrated security measures to ensure that all areas potentially subject to external threats are covered. It particularly includes a strategy on boosting economic and financial resilience and raw materials security.

Citing geopolitical tensions, the federal government commits to strengthening its raw materials and energy security through diversification . To ensure that economic ties do not adversely impact security, the government plans to:

reduce critical dependencies and concentration risks;

prevent new dependencies in strategically relevant sectors;

procure strategically important raw materials from reliable partners;

focus on the potential of the circular economy

explore the potential of domestic raw materials extraction, taking account of environmental concerns; and

foster international cooperation.

Specifically on the strategy for the supply of raw materials , the government lists the following actions it will undertake:

create a framework for consistent monitoring of raw materials supply chains;

develop incentives for industry to strategically stockpile critical raw materials and build up strategic reserves;

develop sustainable value in supply chains;

conclude ambitious trade and investment agreements to drive diversification of trade and supply contracts;

analyse critical dependencies and support an EU-wide early warning system and monitoring of critical supply chains (particularly focusing on stockpiling and developing a circular economy); and

tighten measures against financial crime and money laundering within the context of the Financial Action Task Force (FATF).

Official source: https://www.nationalesicherheitsstrategie.de/National-Security-Strategy-EN.pdf

Source

https://www.iea.org/policies/17589

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