EU acknowledges shortcomings of Conflict Minerals Regulation: What next?

The European Union’s ‘Conflict Minerals’ Regulation (CMR), which came into effect in January 2021, aims to prevent the trade in minerals that finance armed conflict and human rights abuses. However, both a formal evaluation by the European Commission and one conducted by civil society (IPIS/PAX, 2023), highlight significant shortcomings in the implementation and impact of the Conflict Minerals Regulation. This policy paper explores these findings and offers recommendations to enhance the regulation’s effectiveness.