{"query_echo":{"q":"","filters":{"climate_tags":["steel"]},"warnings":[]},"total":{"value":52,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?climate_tags=steel","next":"https://climateinsightsdirectory.org/api/v1/search?climate_tags=steel&page=2","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"tess-000006","url":"https://climateinsightsdirectory.org/document/tess-000006","title":"Reducing fragmentation and fostering interoperability in trade-related climate measures","publisher":{"name":"Forum on Trade, Environment, & the SDGs","organization":"forum-on-trade-environment-the-sdgs"},"document_type":"research paper","language":"en","date_published":"2026-06-22","source_url":"https://tessforum.org/latest/reducing-fragmentation-and-fostering-interoperability-in-trade-related-climate-measures","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"The paper argues that fragmentation of trade-related climate measures (TrCMs) creates significant regulatory burdens, particularly for small and medium-sized enterprises in smaller economies. It distinguishes 'interoperability'—the ability to pass useful information between systems—from 'harmonization,' suggesting that focusing on the former allows governments to reduce trade barriers while preserving policy space. The author proposes several strategies to achieve this, including alignment with international standards like ISO 14067 and IPCC guidelines, adopting flexible information systems, focusing on high-impact sectoral products (e.g., steel, aluminium, and concrete), and utilizing a structured 'top-down' approach to collaboration based on a hierarchy of regulatory objectives and principles.","ai_generated":true,"unit":"tess-000006#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Fragmentation of trade-related climate measures (TrCMs) increases regulatory burdens for supply chain participants, which can act as a non-tariff barrier to trade and disproportionately disadvantage small and medium-sized enterprises and exporters from smaller domestic markets.","ai_generated":true,"unit":"tess-000006#insight-1","date_modified":"2026-10-23"},{"text":"Interoperability differs from harmonization in that it focuses on the ability to transfer useful information between systems without requiring the harmonization of all policy elements, such as emissions threshold values for 'clean' goods.","ai_generated":true,"unit":"tess-000006#insight-2","date_modified":"2026-10-23"},{"text":"Achieving interoperability for product embedded emissions requires the harmonization of specific technical elements, including emissions factors, greenhouse gases included, global warming factors, accounting boundaries, default values, allocation methods, and chain-of-custody models.","ai_generated":true,"unit":"tess-000006#insight-3","date_modified":"2026-10-23"},{"text":"To prevent further fragmentation, states should align new TrCMs with existing international standards, specifically the ISO 14067 Product Carbon Footprint Standard (currently being revised with the GHG Protocol) and the IPCC Emissions Accounting Guidelines.","ai_generated":true,"unit":"tess-000006#insight-4","date_modified":"2026-10-23"},{"text":"Sectoral and product-level approaches are most effective when targeting 'dual materiality' products—those significant for both climate and trade—such as steel, aluminium, and concrete, as they have lower accounting complexity and higher harmonization benefits.","ai_generated":true,"unit":"tess-000006#insight-5","date_modified":"2026-10-23"},{"text":"The author proposes a 'top-down' structured approach to collaboration to achieve interoperability, organizing harmonization into six levels: General Regulatory Objectives, Overarching Principles, Supporting Principles, Framework Structure, Framework Rules, and Product-Specific Rules.","ai_generated":true,"unit":"tess-000006#insight-6","date_modified":"2026-10-23"}],"climate_tags":["green industrial policy","embedded emissions","GHG Protocol","steel","aluminium","concrete"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["policy analysis","regulatory framework assessment"]},{"id":"iisd-000397","url":"https://climateinsightsdirectory.org/document/iisd-000397","title":"An exporter’s technical guide","publisher":{"name":"International Institute for Sustainable Development","organization":"international-institute-for-sustainable-development"},"document_type":"guide","language":"en","date_published":"2026-06-17","source_url":"https://www.iisd.org/publications/guide/navigating-eu-carbon-border-adjustment-mechanism","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"The guide explains the transition of the EU CBAM to its definitive phase in January 2026, emphasizing the financial impact on exporters of steel and aluminum. It highlights that the use of high default values for missing verified emissions data increases costs, while carbon prices paid in the country of origin can be deducted from CBAM liability.","ai_generated":true,"unit":"iisd-000397#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The EU CBAM entered its definitive phase in January 2026, shifting from a reporting-only period to a system that imposes binding financial obligations on EU importers of steel, aluminum, cement, fertilizers, hydrogen, and electricity. While the first formal payment is not due until September 2027, liability is accumulating from current shipments.","ai_generated":true,"unit":"iisd-000397#insight-1","date_modified":"2026-10-23"},{"text":"The cost of CBAM for importers is heavily dependent on the quality of the exporter's emissions data. Exporters unable to provide verified data are assigned high default values that are scheduled to increase annually through 2028. For steel and aluminum, verified data is required from both the exporter and their input suppliers.","ai_generated":true,"unit":"iisd-000397#insight-2","date_modified":"2026-10-23"},{"text":"Exporters can reduce their EU CBAM liability by deducting carbon prices already paid in the country of origin, such as those paid under a domestic emissions trading system, which prevents double carbon pricing.","ai_generated":true,"unit":"iisd-000397#insight-3","date_modified":"2026-10-23"}],"climate_tags":["Carbon Border Adjustment Mechanism","emission trading","carbon price","steel","aluminium","cement","fertilizer","hydrogen"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["technical guide"]},{"id":"catf-001005","url":"https://climateinsightsdirectory.org/document/catf-001005","title":"Joint Statement on the upcoming proposal for an Industrial Accelerator Act","publisher":{"name":"Clean Air Task Force","organization":"clean-air-task-force"},"document_type":"statement","language":"en","date_published":"2026-02-11","source_url":"https://cdn.catf.us/wp-content/uploads/2026/02/12062419/Joint-Statement-on-the-upcoming-proposal-for-an-Industrial-Accelerator-Act.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"A joint statement by industrial, research, and civil society organisations urging the European Commission to broaden the scope and ambition of the proposed Industrial Accelerator Act to better stimulate demand for low-carbon industrial products in Europe.","ai_generated":true,"unit":"catf-001005#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The signatories express concern that the initial ambition of the Industrial Accelerator Act has been diluted, specifically noting that demand-side provisions seem limited to public procurement and a small number of sectors: steel, cement, aluminium, and plastics used in construction.","ai_generated":true,"unit":"catf-001005#insight-1","date_modified":"2026-10-23"},{"text":"The authors argue that public sector demand alone is insufficient to scale low-carbon products and warn that the current draft is unclear on whether low-carbon requirements for public procurement will be complementary or subordinated to origin-based criteria.","ai_generated":true,"unit":"catf-001005#insight-2","date_modified":"2026-10-23"},{"text":"The coalition recommends broadening the scope of lead market measures to include the chemical and fertiliser industries, as well as plastics used outside of construction.","ai_generated":true,"unit":"catf-001005#insight-3","date_modified":"2026-10-23"},{"text":"The statement calls for the establishment of EU-wide, harmonised, and performance-based product standards to support private demand, suggesting the Act provide clear timelines for processes under the Construction Products Regulation and the Ecodesign for Sustainable Products Regulation.","ai_generated":true,"unit":"catf-001005#insight-4","date_modified":"2026-10-23"},{"text":"The signatories advocate for mandatory green public procurement with minimum content quotas for both EU/EEA origin and low-carbon requirements, alongside financial de-risking instruments to facilitate long-term private offtake agreements.","ai_generated":true,"unit":"catf-001005#insight-5","date_modified":"2026-10-23"}],"climate_tags":["Industrial decarbonization","sustainable procurement","climate finance","steel","cement","aluminium","plastic"],"geography_discussed":["France","Germany","Italy"],"frame_perspective":[],"analysis_type":["policy recommendation"]},{"id":"wmbco-000134","url":"https://climateinsightsdirectory.org/document/wmbco-000134","title":"How South Korea’s 2035 NDC can drive private sector action and investment","publisher":{"name":"We Mean Business Coalition","organization":"we-mean-business-coalition"},"document_type":"briefing","language":"en","date_published":"2025-11-06","source_url":"https://www.wemeanbusinesscoalition.org/blog/how-south-koreas-2035-ndc-can-drive-private-sector-action-and-investment/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The document highlights the economic and legal imperatives for South Korea to strengthen its 2035 NDC, noting strong business support for a transition to renewables and a landmark Constitutional Court ruling requiring more robust climate targets to protect citizens' rights.","ai_generated":true,"unit":"wmbco-000134#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"There is significant support among South Korean business leaders for a rapid energy transition, with 76% wanting the government to move from fossil fuels to a renewables-based electricity system within ten years.","ai_generated":true,"unit":"wmbco-000134#insight-1","date_modified":"2026-10-23"},{"text":"A landmark August 2024 ruling by South Korea's Constitutional Court—the first of its kind in Asia—determined that the 2030 NDC was insufficient to protect citizens' constitutional rights, making the strengthening of the 2035 NDC a legal obligation.","ai_generated":true,"unit":"wmbco-000134#insight-2","date_modified":"2026-10-23"},{"text":"An ambitious 2035 NDC is presented as a means to secure South Korea's competitiveness in energy-intensive sectors, including shipbuilding, batteries, petrochemicals, and steel, by accelerating electrification and the transition to renewable energy.","ai_generated":true,"unit":"wmbco-000134#insight-3","date_modified":"2026-10-23"}],"climate_tags":["Nationally Determined Contributions","renewable energy","fossil fuel","electrification","climate change litigation","steel","petrochemical product","battery","solar energy"],"geography_discussed":["Asia"],"frame_perspective":[],"analysis_type":["policy analysis","economic analysis"]},{"id":"clitrace-000003","url":"https://climateinsightsdirectory.org/document/clitrace-000003","title":"Pedal to the Lower-carbon Metal","publisher":{"name":"Climate TRACE","organization":"climate-trace"},"document_type":"case study","language":"en","date_published":"2025-06-17","source_url":"https://climatetrace.org/news/pedal-to-the-lower-carbon-metal","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The document describes how a global automaker used Climate TRACE and TASA Analytics data to move beyond coarse 'spend-based' emissions factors to granular, facility-level intelligence for steel and aluminium. By integrating Scope 1 and 2 emissions factors with rapid IO-LCA (rLCA) models, the project revealed significant emissions intensity variations across production methods and countries. Key findings highlight the potential for emissions reductions through increased scrap use in both steel and aluminium production and the inaccuracy of standard EEIO data in certain regions.","ai_generated":true,"unit":"clitrace-000003#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Traditional 'spend-based' emissions factors using environmentally extended input-output (EEIO) approaches are often too coarse to manage unique supply chain risks because they rely on aggregated governmental data and apply single country or global averages, obscuring differences between specific companies or facilities.","ai_generated":true,"unit":"clitrace-000003#insight-1","date_modified":"2026-10-23"},{"text":"The use of hybrid-path emissions factors revealed that standard EEIO data may underestimate actual production emissions in India and China. In the US, primary steel mill emissions profiles vary widely, ranging from 0.5 to 3.8 tCO2e/t, compared to a national average of 1.4 tCO2e/t.","ai_generated":true,"unit":"clitrace-000003#insight-2","date_modified":"2026-10-23"},{"text":"Increasing scrap content in steel production in India from 50% to 90% can reduce the total emissions profile by nearly 50%, dropping from 2.14 tCO2e/tcs to 1.3 tCO2e/tcs.","ai_generated":true,"unit":"clitrace-000003#insight-3","date_modified":"2026-10-23"},{"text":"In the aluminium value chain, alumina refining and smelting are the primary emission drivers. Total embodied emissions vary from 5.7 to 18.5 tCO2e/t depending on the producing country (Canada, China, India) and refining environment (Brazil, China, Australia, India). Using recycled scrap in aluminium production can reduce emissions intensity by up to 90% compared to virgin aluminium.","ai_generated":true,"unit":"clitrace-000003#insight-4","date_modified":"2026-10-23"}],"climate_tags":["steel","aluminium","Scope 3","embedded emissions","Green steel"],"geography_discussed":["People's Republic of China","India","United States","Canada","Brazil","Australia"],"frame_perspective":[],"analysis_type":["case study"]},{"id":"rmi-000496","url":"https://climateinsightsdirectory.org/document/rmi-000496","title":"Hydrogen — Made in America, For America","publisher":{"name":"RMI","organization":"rmi"},"document_type":"report","language":"en","date_published":"2025-03-26","source_url":"https://rmi.org/resources/hydrogen-made-in-america-for-america/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"The report identifies fragmented policies and challenged economics as primary barriers to the US hydrogen industry's scale-up, risking a loss of global leadership. It suggests that federal and state policymakers should maintain incentives, promote exports, and increase demand-side supports across sectors such as steel, aviation, and maritime shipping to secure supply chains and expand the industrial base.","ai_generated":true,"unit":"rmi-000496#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The US hydrogen industry is experiencing slow growth and facing headwinds, which creates a risk that the United States will fall behind other nations that are more actively establishing markets and securing their supply chains.","ai_generated":true,"unit":"rmi-000496#insight-1","date_modified":"2026-10-23"},{"text":"Growth in the domestic hydrogen market is being stalled by weak demand, which is attributed to fragmented policies and difficult economic conditions within various domestic offtake sectors.","ai_generated":true,"unit":"rmi-000496#insight-2","date_modified":"2026-10-23"},{"text":"To accelerate investment and solidify energy leadership, the report recommends that policymakers retain existing federal incentives, foster the export market, enhance demand-side incentives for hydrogen and its derivatives, and improve infrastructure policy supports.","ai_generated":true,"unit":"rmi-000496#insight-3","date_modified":"2026-10-23"}],"climate_tags":["hydrogen","energy security","aviation","steel","water transport","energy policy","supply chain"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["policy analysis","market assessment"]},{"id":"rmi-000484","url":"https://climateinsightsdirectory.org/document/rmi-000484","title":"Paying for Clean Building Materials with C-PACE","publisher":{"name":"RMI","organization":"rmi"},"document_type":"briefing","language":"en","date_published":"2025-02-25","source_url":"https://rmi.org/resources/paying-for-clean-building-materials-with-c-pace/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"C-PACE programs have provided $9 billion in financing for energy efficiency in 25 US states and cities, but most were established before embodied carbon data was available. The briefing proposes that C-PACE administrators update guidelines to classify low-embodied-carbon materials as \"energy improvements,\" utilizing tools like Environmental Product Declarations (EPDs) and Whole Building Life Cycle Assessments. To incentivize this shift, the author suggests increasing financing limits for projects that demonstrate embodied carbon reduction. RMI is facilitating a working group through 2025 to develop nationwide best practices for integrating embodied carbon into C-PACE guidelines.","ai_generated":true,"unit":"rmi-000484#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"C-PACE loan programs have already provided over $9 billion in low-cost financing for energy efficiency, electrification, and resilience upgrades across 25 US states and cities.","ai_generated":true,"unit":"rmi-000484#insight-1","date_modified":"2026-10-23"},{"text":"The document proposes that procuring low-embodied-carbon materials and reducing material use be classified as \"energy improvements\" within C-PACE programs, as embodied carbon serves as a proxy for embodied energy.","ai_generated":true,"unit":"rmi-000484#insight-2","date_modified":"2026-10-23"},{"text":"C-PACE administrators can update guidelines to reward two specific types of embodied carbon reduction: procuring materials with global warming potentials below regional targets and demonstrating whole-building embodied carbon reduction via Life Cycle Assessments.","ai_generated":true,"unit":"rmi-000484#insight-3","date_modified":"2026-10-23"},{"text":"Increasing the total amount of financing available for eligible measures—for example, raising limits from 25 to 30 percent—can serve as a strong incentive for developers to adopt clean materials and material-efficient design.","ai_generated":true,"unit":"rmi-000484#insight-4","date_modified":"2026-10-23"}],"climate_tags":["embedded emissions","climate finance","commercial property","energy efficiency","steel","engineered wood"],"geography_discussed":["Berkeley","California","Philadelphia","District of Columbia"],"frame_perspective":[],"analysis_type":["policy recommendation"]},{"id":"catf-001006","url":"https://climateinsightsdirectory.org/document/catf-001006","title":"Creating a Clean Industry in Central and Eastern Europe: Recommendations for EU and National Governments","publisher":{"name":"Clean Air Task Force","organization":"clean-air-task-force"},"document_type":"statement","language":"en","date_published":"2025-01-01","source_url":"https://cdn.catf.us/wp-content/uploads/2025/01/09085045/Joint-Statement_Creating-a-clean-industry-in-Central-and-Eastern-Europe.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"The document argues that Central and Eastern European (CEE) countries are heavily reliant on carbon-intensive heavy industries but possess significant potential for clean industry due to renewable energy resources and carbon dioxide storage. It calls for EU industrial policy to shift toward a place-based approach that supports countries with high deployment potential regardless of their current innovation track record. Key recommendations for the EU include revising the Public Procurement Directive to include lifecycle emissions and redesigning the Innovation Fund for first-of-a-kind national deployments. For CEE national governments, the statement recommends earmarking EU ETS revenues for climate action, implementing Carbon Contracts for Difference, and conducting integrated infrastructure planning for hydrogen and carbon dioxide transport.","ai_generated":true,"unit":"catf-001006#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Central and Eastern European (CEE) economies are more dependent on heavy industries than the EU average, and these industries are more carbon-intensive, with slow decarbonisation progress attributed to limited national public funding, inadequate climate policy frameworks, and limited institutional capacity.","ai_generated":true,"unit":"catf-001006#insight-1","date_modified":"2026-10-23"},{"text":"The CEE region is well-positioned to supply decarbonised industrial products, such as chemicals, cement, and primary and secondary steel, because of its available manufacturing capacities, carbon dioxide storage potential, and renewable energy resources.","ai_generated":true,"unit":"catf-001006#insight-2","date_modified":"2026-10-23"},{"text":"To prevent industrial redevelopment from concentrating solely in Western countries, the EU should adopt a place-based approach in the Industrial Decarbonisation Accelerator Act and redesign the Innovation Fund to support cost-effective measures that are first-of-a-kind at a national level, even in countries with low innovation potential.","ai_generated":true,"unit":"catf-001006#insight-3","date_modified":"2026-10-23"},{"text":"The EU Public Procurement Directive should be revised to include circularity and lifecycle emissions criteria, which would help protect CEE industries from carbon leakage, particularly in countries bordering the EU, and support the Carbon Border Adjustment Mechanism.","ai_generated":true,"unit":"catf-001006#insight-4","date_modified":"2026-10-23"},{"text":"National governments in the CEE region are urged to earmark EU ETS revenues for climate action, use Carbon Contracts for Difference to provide investor certainty on carbon or input prices, and cooperate regionally on infrastructure for electricity, hydrogen, and carbon dioxide transport.","ai_generated":true,"unit":"catf-001006#insight-5","date_modified":"2026-10-23"}],"climate_tags":["heavy industry","Industrial decarbonization","renewable energy","carbon capture and storage","steel","cement","chemical substance","sustainable procurement","carbon leakage","Carbon Border Adjustment Mechanism","European Union Emission Trading Scheme 1","hydrogen","just transition"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["policy recommendations"]},{"id":"tess-000091","url":"https://climateinsightsdirectory.org/document/tess-000091","title":"Heavy Industries Trade, Climate, and Net Zero Pathways: Scenarios and Implications for Developing Countries and Climate-Resilient Development","publisher":{"name":"Forum on Trade, Environment, & the SDGs","organization":"forum-on-trade-environment-the-sdgs"},"document_type":"briefing","language":"en","date_published":"2024-12","source_url":"https://lyrical-cormorant.files.svdcdn.com/production/assets/images/Publications/TESS-Briefing-Note-Heavy-Industries-Net-Zero.pdf?dm=1733729483","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The document examines the transition of energy-intensive heavy industries toward net-zero emissions, highlighting how global trade dynamics and national policies in developed economies impact emerging markets. It identifies four primary technological levers for decarbonization: energy efficiency, alternative fuel use/electrification, material efficiency, and carbon capture and storage. The author argues that while developing countries with abundant renewables can become new green industrial hubs, they face significant risks from carbon border measures, green protectionism, and reduced access to secondary materials. The briefing emphasizes the need for international coordination on standards, technology transfer, and finance to ensure a just transition for emerging and developing economies.","ai_generated":true,"unit":"tess-000091#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Energy-intensive industrial sectors, including steel, aluminium, cement, and chemicals, contribute approximately 17–20% of global greenhouse gas emissions and account for 15% of global final energy demand.","ai_generated":true,"unit":"tess-000091#insight-1","date_modified":"2026-10-23"},{"text":"To meet the 1.5°C warming limit, industrial emissions must decrease by about 30% by 2030 (relative to 2022 levels) and by more than 90% by 2050.","ai_generated":true,"unit":"tess-000091#insight-2","date_modified":"2026-10-23"},{"text":"The transition to low-carbon production may reorganize global supply chains, benefiting countries with low-cost renewable energy and critical materials, such as Brazil, South Africa, Australia, Chile, and Middle Eastern nations.","ai_generated":true,"unit":"tess-000091#insight-3","date_modified":"2026-10-23"},{"text":"The European Union's Carbon Border Adjustment Mechanism (CBAM) is creating international pressure for carbon pricing and has faced criticism from the BASIC group (Brazil, China, India, and South Africa) for lacking financial support for developing nations.","ai_generated":true,"unit":"tess-000091#insight-4","date_modified":"2026-10-23"},{"text":"Developing countries face several trade-related risks, including reduced demand for fossil-based exports, limited access to secondary materials (scrap) due to export restrictions in developed nations, and market access barriers caused by new green standards.","ai_generated":true,"unit":"tess-000091#insight-5","date_modified":"2026-10-23"},{"text":"Industrial investment cycles are 'lumpy,' with facilities lasting 20–50 years and major reinvestments occurring every 15–25 years, creating a narrow window for policymakers to prevent the lock-in of carbon-intensive production.","ai_generated":true,"unit":"tess-000091#insight-6","date_modified":"2026-10-23"}],"climate_tags":["heavy industry","steel","aluminium","cement","chemical substance","Net-zero emissions","Carbon Border Adjustment Mechanism","carbon price","sustainable procurement","carbon capture and storage","green hydrogen","circular economy","technology transfer","climate finance","carbon leakage"],"geography_discussed":["European Union","United States","People's Republic of China","India","Brazil","South Africa","Canada","Germany","United Kingdom","Australia","Chile","Norway","Saudi Arabia","Turkey"],"frame_perspective":[],"analysis_type":["policy analysis","scenario analysis","trade impact assessment"]},{"id":"rmi-001107","url":"https://climateinsightsdirectory.org/document/rmi-001107","title":"Structuring Demand for Lower-Carbon Materials","publisher":{"name":"RMI","organization":"rmi"},"document_type":"report","language":"en","date_published":"2024-07","source_url":"https://rmi.org/app/uploads/dlm_uploads/2024/07/structuring_demand_for_lower_carbon_materials.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The report examines the use of environmental attribute certificates (EACs) via a book and claim model to scale lower-carbon steel and concrete. It argues that this mechanism allows organizations to fund upstream decarbonization even when they cannot directly procure low-carbon materials. The authors identify critical infrastructure needs—including certification schemes, standards, registries, and reporting guidelines—and share lessons from a Microsoft pilot, noting that the market is currently in early stages with a lack of fit-for-purpose accounting methods.","ai_generated":true,"unit":"rmi-001107#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Steel and concrete are among the most emissive industrial sectors, together accounting for over 10% of global CO2 emissions and half of all heavy industrial emissions.","ai_generated":true,"unit":"rmi-001107#insight-1","date_modified":"2026-10-23"},{"text":"A book and claim system allows buyers to decouple the environmental attributes of a lower-carbon product from the physical material, enabling those without direct physical access to the product to fund and claim emissions reductions.","ai_generated":true,"unit":"rmi-001107#insight-2","date_modified":"2026-10-23"},{"text":"Book and claim certificates differ from carbon credits because they are linked to a specific physical product volume and correspond to a supply chain activity rather than an external offset.","ai_generated":true,"unit":"rmi-001107#insight-3","date_modified":"2026-10-23"},{"text":"To ensure high integrity, book and claim certificates must be evaluated against three foundational metrics: they must be verifiable by third parties, additional to business-as-usual scenarios, and catalytic for sector-wide technology transitions.","ai_generated":true,"unit":"rmi-001107#insight-4","date_modified":"2026-10-23"},{"text":"The report identifies four primary challenges to implementing book and claim in materials: the lack of a uniform product (especially in concrete), supply chain complexity and lack of visibility, the risk of double counting with Environmental Product Declarations (EPDs), and a lack of uniform accounting methods.","ai_generated":true,"unit":"rmi-001107#insight-5","date_modified":"2026-10-23"},{"text":"Robust market infrastructure for book and claim requires four integrated components: certification schemes to verify products, standards to define use cases, registries to track ownership and retirement, and reporting guidelines for climate disclosure.","ai_generated":true,"unit":"rmi-001107#insight-6","date_modified":"2026-10-23"},{"text":"Microsoft's pilot exploration revealed that the market is in early stages, with few available certificates meeting the required criteria and a significant need for a stronger collective demand signal to encourage supplier investment.","ai_generated":true,"unit":"rmi-001107#insight-7","date_modified":"2026-10-23"},{"text":"Current lower-carbon steel offerings often rely on high scrap fractions or 'internal carbon banks' that stack minor efficiency projects, neither of which are fully suitable for a high-integrity book and claim model without further evolution toward near-zero emissions ore-based production.","ai_generated":true,"unit":"rmi-001107#insight-8","date_modified":"2026-10-23"}],"climate_tags":["steel","concrete","cement","Scope 3","embedded emissions","decarbonization","green hydrogen","Sustainable Aviation Fuel"],"geography_discussed":["United States","North America"],"frame_perspective":[],"analysis_type":["market assessment","policy framework analysis","pilot study"]},{"id":"rmi-000485","url":"https://climateinsightsdirectory.org/document/rmi-000485","title":"Buy Clean and Beyond","publisher":{"name":"RMI","organization":"rmi"},"document_type":"guide","language":"en","date_published":"2023-11-30","source_url":"https://rmi.org/resources/guide-to-road-mapping-state-owned-building-projects-to-reach-net-zero-embodied-carbon/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags"],"summary":{"text":"RMI's guide outlines a framework for US state governments to reduce embodied carbon—emissions from the extraction, manufacturing, transport, construction, and disposal of materials—in state-owned building projects. The guide proposes four core strategies, including the implementation of Buy Clean policies targeting high-emitting materials like steel and cement, to send demand signals to the market and accelerate decarbonization across the building industry's value chain.","ai_generated":true,"unit":"rmi-000485#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"US state governments can reduce climate-warming emissions from manufacturing and construction projects by addressing 'embodied carbon', which refers to greenhouse gas emissions generated during material extraction, manufacturing, transport, construction, and disposal.","ai_generated":true,"unit":"rmi-000485#insight-1","date_modified":"2026-10-23"},{"text":"The guide outlines four core strategies to help states create a roadmap toward net-zero embodied emissions, specifically highlighting that Buy Clean policies targeting high-emitting materials such as cement and steel can produce immediate and substantial GHG emissions reductions.","ai_generated":true,"unit":"rmi-000485#insight-2","date_modified":"2026-10-23"}],"climate_tags":["embedded emissions","steel","cement","decarbonization","greenhouse gas emissions"],"geography_discussed":[],"frame_perspective":[],"analysis_type":[]},{"id":"cmw-000117","url":"https://climateinsightsdirectory.org/document/cmw-000117","title":"Glasgow Financial Alliance for Net Zero (GFANZ) Consultation","publisher":{"name":"Carbon Market Watch","organization":"carbon-market-watch"},"document_type":"statement","language":"en","date_published":"2023-11-06","source_url":"https://carbonmarketwatch.org/publications/glasgow-financial-alliance-for-net-zero-gfanz-consultation/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"Carbon Market Watch criticises the GFANZ's proposed Expected Emission Reductions (EER) methodology, arguing that its reliance on subjective 'business-as-usual' baselines creates risks of manipulation and may encourage continued investment in high-emission industries without sufficient engagement strategies.","ai_generated":true,"unit":"cmw-000117#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The Expected Emission Reductions (EER) methodology is criticised for relying on complex and subjective assumptions to calculate the difference between a theoretical 'business-as-usual' baseline and a projected transition trajectory, making it susceptible to manipulation by companies and financiers to inflate avoided emissions.","ai_generated":true,"unit":"cmw-000117#insight-1","date_modified":"2026-10-23"},{"text":"Carbon Market Watch argues that the EER approach may increase investments in high-emission sectors without ensuring effective emission reductions, noting a lack of case studies proving the methodology's efficacy in transitioning carbon-intensive industries such as steel, aluminum, and cement.","ai_generated":true,"unit":"cmw-000117#insight-2","date_modified":"2026-10-23"}],"climate_tags":["transition finance","carbon emission trading","cement","steel","aluminium"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["policy critique"]},{"id":"rmi-000356","url":"https://climateinsightsdirectory.org/document/rmi-000356","title":"Low-Carbon Procurement Accelerates Net-Zero Transition","publisher":{"name":"RMI","organization":"rmi"},"document_type":"report","language":"en","date_published":"2023-10-19","source_url":"https://rmi.org/resources/low-carbon-procurement-accelerates-net-zero-transition/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The report advocates for low-carbon procurement in China's heavy industry to reduce transition costs via economies of scale and shared green premiums. It outlines a five-part implementation framework and identifies five priority value chains: steel-automotive, steel-construction, cement-construction, aluminum-automotive, and plastics-consumer goods.","ai_generated":true,"unit":"rmi-000356#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Low-carbon procurement serves as a critical demand-side strategy for decarbonizing heavy industry, allowing the 'green premium' of materials to be distributed across the value chain and lowering costs through economies of scale.","ai_generated":true,"unit":"rmi-000356#insight-1","date_modified":"2026-10-23"},{"text":"The report proposes a five-element framework for low-carbon procurement consisting of scope definition, carbon accounting and certification, carbon criteria for suppliers and products, incentives, and a system for implementation, monitoring, and evaluation.","ai_generated":true,"unit":"rmi-000356#insight-2","date_modified":"2026-10-23"},{"text":"Five specific value chains in China are identified as priorities for low-carbon procurement: steel-automotive, steel-construction, cement-construction, aluminum-automotive, and plastics-consumer goods.","ai_generated":true,"unit":"rmi-000356#insight-3","date_modified":"2026-10-23"}],"climate_tags":["power purchase agreement","heavy industry","decarbonization","carbon accounting","steel","cement","aluminium","plastic"],"geography_discussed":["World"],"frame_perspective":[],"analysis_type":["policy framework","sectoral analysis"]},{"id":"catf-000320","url":"https://climateinsightsdirectory.org/document/catf-000320","title":"Ready to deploy: How Saudi Arabia and the United Arab Emirates can scale up carbon capture and storage in the Gulf","publisher":{"name":"Clean Air Task Force","organization":"clean-air-task-force"},"document_type":"policy brief","language":"en","date_published":"2023-10-12","source_url":"https://www.catf.us/2023/10/ready-deploy-how-saudi-arabia-united-arab-emirates-scale-up-carbon-capture-storage-gulf/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The policy brief outlines how Saudi Arabia and the UAE can leverage their geological storage potential and National Oil Companies to scale up carbon capture and storage (CCS). It identifies current project statuses, storage capacities, and recommends the creation of carbon management strategies, open-access storage hubs, and enduring financial incentives to decarbonize hard-to-abate industries and the power sector.","ai_generated":true,"unit":"catf-000320#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Saudi Arabia and the UAE have established net-zero CO2 emission targets for 2060 and 2050, respectively, and both are expanding renewable and nuclear power to decarbonize their power sectors.","ai_generated":true,"unit":"catf-000320#insight-1","date_modified":"2026-10-23"},{"text":"The Gulf region possesses significant geological storage potential for CO2, with the Rub’al Khali sedimentary basin covering the UAE and southern Saudi Arabia representing the greatest capacity.","ai_generated":true,"unit":"catf-000320#insight-2","date_modified":"2026-10-23"},{"text":"Saudi Arabia's estimated CO2 storage potential includes 5.2 Gt in depleted gas reservoirs and between 40-318 Gt in the Rub’al-Khali basin; the UAE's potential includes 5.9 Gt in depleted gas reservoirs and 16.7 Gt in ‘undiscovered capacity’.","ai_generated":true,"unit":"catf-000320#insight-3","date_modified":"2026-10-23"},{"text":"Existing CCS projects in both countries currently capture up to 0.8 Mt/year of CO2: Saudi Arabia's Uthmaniyah project (since 2015) and the UAE's Al Reyadah project (since 2016).","ai_generated":true,"unit":"catf-000320#insight-4","date_modified":"2026-10-23"},{"text":"Saudi Arabia aims for 9 Mt/year of CCS from 2027 at the Jubail hub, increasing to 44 Mt/year by 2035, and requires new gas power plants to include CCS.","ai_generated":true,"unit":"catf-000320#insight-5","date_modified":"2026-10-23"},{"text":"The UAE's ADNOC targets 10 Mt/year of CO2 capture and storage by 2030, focusing initially on gas processing facilities such as the Habshan facility.","ai_generated":true,"unit":"catf-000320#insight-6","date_modified":"2026-10-23"},{"text":"CATF analysis estimates that full abatement of emissions from oil and natural gas production and processing in both countries would cost approximately $15 billion per year, with $6 billion of that specifically for CCS in gas processing, LNG production, and oil refining.","ai_generated":true,"unit":"catf-000320#insight-7","date_modified":"2026-10-23"},{"text":"A 'storage as a service' business model, involving the Gulf region acting as a CO2 storage hub for others via pipeline or ship, could add up to $1.2 billion in gross value by 2050.","ai_generated":true,"unit":"catf-000320#insight-8","date_modified":"2026-10-23"}],"climate_tags":["carbon capture and storage","carbon neutrality","decarbonization","electric power industry","petrochemical product","cement","steel","direct air capture","carbon price"],"geography_discussed":["Norway","United States","Netherlands","United Kingdom"],"frame_perspective":[],"analysis_type":["policy analysis","economic estimation"]},{"id":"rmi-000140","url":"https://climateinsightsdirectory.org/document/rmi-000140","title":"Three Federal Funding Pools Every Industrial Project Developer Should Know About","publisher":{"name":"RMI","organization":"rmi"},"document_type":"guide","language":"en","date_published":"2023-05-19","source_url":"https://rmi.org/resources/three-federal-funding-pools-every-industrial-project-developer-should-know-about/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The guide outlines three federal funding pools for US clean industrial projects: the Office of Clean Energy Demonstration (OCED) providing grants up to 50% of costs for non-commercial technologies; the Loan Programs Office (LPO) offering up to $412 billion in loan authority to bridge projects to bankability; and various uncapped Section 45 tax credits for hydrogen, heavy industry, and carbon management. It emphasizes the role of these incentives in enabling the creation of 'clean industrial hubs' and the necessity of coordinating federal, state, and private capital to realize these projects.","ai_generated":true,"unit":"rmi-000140#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The Office of Clean Energy Demonstration (OCED), established by the Bipartisan Infrastructure Law in December 2021, provides competitive grants to move clean energy technologies from the lab to market. While initially allocated $500 million, the Inflation Reduction Act (IRA) increased this to $6.3 billion, with the agency covering up to 50 percent of costs for demonstration projects not yet at commercial scale.","ai_generated":true,"unit":"rmi-000140#insight-1","date_modified":"2026-10-23"},{"text":"The Department of Energy's Loan Programs Office (LPO) has an estimated $412 billion in total loan authority and acts as a 'bridge to bankability' for first-of-a-kind projects. Unlike competitive grants, LPO funds all projects that meet its eligibility criteria, focusing on market vulnerabilities to lead commercial funders toward riskier projects.","ai_generated":true,"unit":"rmi-000140#insight-2","date_modified":"2026-10-23"},{"text":"The Inflation Reduction Act (IRA) significantly expanded the tax credit landscape for hydrogen, heavy industry, and carbon management through uncapped Section 45 credits. Key changes include increasing the value of existing credits (such as Section 45Q for sequestration to $85/ton), creating new credits for clean hydrogen (Section 45V) and clean transport fuels (Section 45Z), and introducing 'direct pay' and 'transferability' to allow developers to monetize credits without needing large tax liabilities.","ai_generated":true,"unit":"rmi-000140#insight-3","date_modified":"2026-10-23"},{"text":"Tax credit values can be increased by '10% adders' for projects meeting domestic manufacturing thresholds or located in 'energy communities,' though failure to meet prevailing wage and apprenticeship requirements could reduce credit values by up to 80 percent.","ai_generated":true,"unit":"rmi-000140#insight-4","date_modified":"2026-10-23"}],"climate_tags":["decarbonization","hydrogen","Sustainable Aviation Fuel","cement","steel","aluminium","carbon capture and storage","climate finance","tax credit","Inflation Reduction Act of 2022"],"geography_discussed":["Texas Gulf Coast","Southern California","Houston"],"frame_perspective":[],"analysis_type":["guide"]},{"id":"sei-000559","url":"https://climateinsightsdirectory.org/document/sei-000559","title":"G20's Green Public Procurement Potential","publisher":{"name":"Stockholm Environment Institute","organization":"stockholm-environment-institute"},"document_type":"policy brief","language":"en","date_published":"2023-05-19","source_url":"https://www.sei.org/publications/g20s-green-public-procurement-potential/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The document highlights the role of Green Public Procurement (GPP) in the construction sector as a tool for G20 nations to reduce environmental impacts and meet climate commitments, specifically in sectors like steel and cement. It asserts that achieving this requires collaboration among G20 members and the adoption of clear mandates, monitoring, upskilling, and time-bound targets.","ai_generated":true,"unit":"sei-000559#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Green Public Procurement (GPP) in the construction sector can assist G20 members in meeting climate commitments and reducing the public sector's environmental footprint, particularly by signaling market shifts for hard-to-abate materials like cement and steel.","ai_generated":true,"unit":"sei-000559#insight-1","date_modified":"2026-10-23"},{"text":"To fully realize the potential of GPP, G20 governments need to collaborate and establish specific operational frameworks, including time-bound targets, clear mandates, upskilling, and effective monitoring.","ai_generated":true,"unit":"sei-000559#insight-2","date_modified":"2026-10-23"}],"climate_tags":["sustainable procurement","decarbonization","steel","cement","Hard to abate sectors"],"geography_discussed":["India"],"frame_perspective":[],"analysis_type":["policy recommendation"]},{"id":"newclim-000301","url":"https://climateinsightsdirectory.org/document/newclim-000301","title":"Global Climate Action 2022","publisher":{"name":"NewClimate Institute","organization":"newclimate-institute"},"document_type":"executive summary","language":"en","date_published":"2022-11-11","source_url":"http://www.newclimate.org/resources/publications/global-climate-action-2022","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The report identifies 601 International Climate Initiatives (ICIs) launched since 2013, noting that while the number of initiatives grew, productivity and performance have trended downwards since 2019. There is a significant underrepresentation of the Global South in terms of funding, leadership, and participation. Regarding the COP26 'Glasgow initiatives', the report finds they theoretically cover 75% of the 14 GtCO2e ambition gap for 2030, but current signatories would only provide 4 GtCO2e in additional reductions; an additional 7 GtCO2e could be achieved if more governments signed up.","ai_generated":true,"unit":"newclim-000301#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Since 2013, 601 International Climate Initiatives (ICIs) have been launched, involving over 70,000 participants from cities, regions, businesses, and NGOs. However, the growth of active initiatives has flattened since 2019, potentially due to the expiration of initiatives from the 2015 Paris conference and the impact of the COVID-19 pandemic.","ai_generated":true,"unit":"newclim-000301#insight-1","date_modified":"2026-10-23"},{"text":"The productivity and overall performance of ICIs are declining, with an increasing share of initiatives failing to produce tangible outputs. This gap between commitment and implementation may be caused by the initial targeting of 'low-hanging fruit' and the disruptions of the COVID-19 pandemic.","ai_generated":true,"unit":"newclim-000301#insight-2","date_modified":"2026-10-23"},{"text":"There is a persistent and growing underrepresentation of the Global South within ICIs. Non-OECD countries are underrepresented as funders, leaders, and participants, and the proportion of outputs generated in the Global North has increased since 2015.","ai_generated":true,"unit":"newclim-000301#insight-3","date_modified":"2026-10-23"},{"text":"Twelve 'Glasgow initiatives' from COP26 have a theoretical potential to cover approximately 75% of the 14 GtCO2e ambition gap between current NDCs and 1.5C pathways for 2030. However, full implementation by current signatories would only yield 4 GtCO2e in additional reductions, while an additional 7 GtCO2e could be realized if more governments joined.","ai_generated":true,"unit":"newclim-000301#insight-4","date_modified":"2026-10-23"},{"text":"Certain sectors remain underserved by ICIs and require more momentum for decarbonization, specifically the buildings sector and heavy industries such as chemicals and cement.","ai_generated":true,"unit":"newclim-000301#insight-5","date_modified":"2026-10-23"}],"climate_tags":["climate change mitigation","climate change adaptation","Global South","2021 United Nations Climate Change Conference","Nationally Determined Contributions","greenhouse gas emissions","decarbonization","heavy industry","steel","chemical substance","cement"],"geography_discussed":["Global North","Global South"],"frame_perspective":[],"analysis_type":["performance assessment","gap analysis"]},{"id":"rmi-000063","url":"https://climateinsightsdirectory.org/document/rmi-000063","title":"Decarbonizing Hard-to-Abate Industries: The Importance of a New Accounting Method","publisher":{"name":"RMI","organization":"rmi"},"document_type":"briefing","language":"en","date_published":"2022-09-06","source_url":"https://rmi.org/resources/the-importance-of-a-new-accounting-method/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"RMI proposes a shift from corporate-level carbon aggregation to product-level accounting that differentiates the emissions intensity of virgin and recycled materials. This method aims to address the lack of transparency in the supply chains of steel, aluminum, and petrochemicals, which together accounted for 14 percent of global GHG emissions in 2019. While circularity offers immediate emissions cuts and environmental benefits—such as reducing iron ore extraction by 37 percent—recycled inputs are projected to meet only 70 percent of steel demand by 2050, necessitating the simultaneous scaling of zero-carbon technologies for virgin materials. The proposed accounting guidance is intended to help corporations verify supplier progress, allow producers to gain competitive advantages, and assist policymakers in enforcing instruments like the Carbon Border Adjustment Mechanism (CBAM).","ai_generated":true,"unit":"rmi-000063#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Steel, aluminum, and petrochemicals are critical targets for decarbonization, as they collectively represented 14 percent of global greenhouse gas emissions in 2019.","ai_generated":true,"unit":"rmi-000063#insight-1","date_modified":"2026-10-23"},{"text":"Increasing circularity provides significant environmental gains beyond carbon, including a 37 percent reduction in iron ore extraction, the saving of 344 million m3 of water, and the avoidance of over 170 acres of land use change annually, based on 2020 global iron ore production data.","ai_generated":true,"unit":"rmi-000063#insight-2","date_modified":"2026-10-23"},{"text":"Recycling alone cannot achieve net-zero by 2050 because scrap supply is limited by product lifetimes; optimistic models suggest recycled inputs will only satisfy 70 percent of total steel demand by 2050.","ai_generated":true,"unit":"rmi-000063#insight-3","date_modified":"2026-10-23"},{"text":"Current corporate-level carbon accounting lacks the transparency needed for green procurement, as it fails to provide visibility into specific product carbon specifications or the decarbonization efforts of upstream suppliers.","ai_generated":true,"unit":"rmi-000063#insight-4","date_modified":"2026-10-23"},{"text":"The proposed accounting solution of distinguishing emissions intensity between virgin and recycled supply chain segments can support the enforcement of policy instruments such as the Carbon Border Adjustment Mechanism (CBAM).","ai_generated":true,"unit":"rmi-000063#insight-5","date_modified":"2026-10-23"}],"climate_tags":["Hard to abate sectors","carbon accounting","circular economy","steel","aluminium","petrochemical product","greenhouse gas emissions","Global supply chain governance","Carbon Border Adjustment Mechanism"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["policy proposal","technical briefing"]},{"id":"clibonds-000959","url":"https://climateinsightsdirectory.org/document/clibonds-000959","title":"Peru Sustainable Finance State of the Market 2022","publisher":{"name":"Climate Bonds Initiative","organization":"climate-bonds-initiative"},"document_type":"report","language":"en","date_published":"2022-09","source_url":"https://www.climatebonds.net/files/documents/publications/cbi_peru_sotm_2021_03d.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The report analyzes Peru's sustainable finance landscape, noting that while it was a regional pioneer with the first green bond in 2014, its GSS+ market has expanded more slowly than its peers. As of April 2022, the market reached approximately USD 6.6bn across 16 deals, dominated by sovereign sustainability bonds. The document identifies significant investment gaps in infrastructure (USD 110bn) and sanitation (USD 22bn), while highlighting opportunities in renewable energy, low-carbon agriculture, and nature-based solutions. It outlines structural barriers such as low market liquidity, currency hedging challenges, and political instability, and recommends the development of a national green finance taxonomy by 2025 to provide clarity and attract capital.","ai_generated":true,"unit":"clibonds-000959#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Peru's sustainable finance market reached a cumulative total of approximately USD 6.6bn across 16 deals as of April 2022, making it the fourth largest sustainable market in the Latin America and Caribbean (LAC) region.","ai_generated":true,"unit":"clibonds-000959#insight-1","date_modified":"2026-10-23"},{"text":"Sustainability bonds are the dominant instrument in Peru's GSS+ market, accounting for 59% of the total volume, largely driven by sovereign issuances in 2021 totaling USD 3.3bn.","ai_generated":true,"unit":"clibonds-000959#insight-2","date_modified":"2026-10-23"},{"text":"Green bonds represent 17% of the market volume (USD 1.1bn), with 93% of the use of proceeds earmarked for renewable energy.","ai_generated":true,"unit":"clibonds-000959#insight-3","date_modified":"2026-10-23"},{"text":"Peru faces a significant infrastructure investment gap of USD 110bn between 2019 and 2038 across sectors including transport, sanitation, healthcare, water, telecommunication, energy, and education.","ai_generated":true,"unit":"clibonds-000959#insight-4","date_modified":"2026-10-23"},{"text":"The country is highly vulnerable to climate change, with projections suggesting that climate-related losses could reach 6% of GDP by 2030 and 20% by 2050.","ai_generated":true,"unit":"clibonds-000959#insight-5","date_modified":"2026-10-23"},{"text":"Peru intends to establish a national green finance taxonomy by 2025 to help identify sectors relevant to a low-carbon transition.","ai_generated":true,"unit":"clibonds-000959#insight-6","date_modified":"2026-10-23"},{"text":"The renewable energy sector is significantly underutilizing its potential; hydropower generation potential is 13 times greater than installed capacity, and wind power is 58 times greater.","ai_generated":true,"unit":"clibonds-000959#insight-7","date_modified":"2026-10-23"},{"text":"Several structural barriers hinder the growth of the sustainable finance market, including low market liquidity, high issuance costs for bonds under USD 100m, and a lack of currency hedging solutions for international investors.","ai_generated":true,"unit":"clibonds-000959#insight-8","date_modified":"2026-10-23"},{"text":"The Peruvian Government has set a conditional greenhouse gas emission goal to limit emissions to a maximum of 179MtCO2e by 2030, depending on international financing.","ai_generated":true,"unit":"clibonds-000959#insight-9","date_modified":"2026-10-23"},{"text":"The Bosques Amazónicos deal in December 2021 was the first green Climate Bonds Certified forestry deal in the LAC region, directing USD 45m to forest conservation.","ai_generated":true,"unit":"clibonds-000959#insight-10","date_modified":"2026-10-23"}],"climate_tags":["climate bond","climate finance","renewable energy","nature-based solutions","climate change adaptation","climate resilience","transition finance","Hard to abate sectors","mining","petroleum industry","cement","steel","infrastructure investment"],"geography_discussed":["Latin America and Caribbean","Brazil","Mexico","Argentina","Chile","Colombia","Ucayali Department"],"frame_perspective":[],"analysis_type":["market assessment","gap analysis","policy review"]},{"id":"newclim-000062","url":"https://climateinsightsdirectory.org/document/newclim-000062","title":"Net Zero Stocktake 2022","publisher":{"name":"NewClimate Institute","organization":"newclimate-institute"},"document_type":"executive summary","language":"en","date_published":"2022-06-13","source_url":"http://www.newclimate.org/resources/publications/net-zero-stocktake-2022","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The Net Zero Stocktake 2022 finds that while net zero target setting has expanded significantly—particularly among national governments and large companies—there is an 'alarming lack of credibility' across the landscape. Fewer than one-fifth of national and sub-national targets meet minimum procedural robustness standards, and 65% of corporate targets similarly fail these standards. The report highlights a widespread lack of transparency regarding the use of external offset credits and a deficiency in covering Scope 3 emissions among companies.","ai_generated":true,"unit":"newclim-000062#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"National net zero targets have seen a significant increase in formalization, with those set in domestic legislation or policy documents rising from 10% of total greenhouse gas (GHG) coverage in December 2020 to 65% by June 2022.","ai_generated":true,"unit":"newclim-000062#insight-1","date_modified":"2026-10-23"},{"text":"There is a critical lack of robustness in government targets; using the Race to Zero 'starting line' criteria, less than 20% of net zero targets from national and sub-national governments meet minimum procedural standards. Additionally, over 75% of these governments do not transparently state if they will use external offset credits.","ai_generated":true,"unit":"newclim-000062#insight-2","date_modified":"2026-10-23"},{"text":"Corporate net zero adoption is increasing, with over one-third of the world's largest publicly traded companies now having targets compared to one-fifth in December 2020. However, 65% of these corporate targets lack minimum procedural robustness, and only 38% of companies claim to include all Scope 3 value chain emissions.","ai_generated":true,"unit":"newclim-000062#insight-3","date_modified":"2026-10-23"},{"text":"Net zero target setting is heavily concentrated in the global North, specifically high-income countries in Asia, Europe, and North America. Among Forbes 2000-listed companies with net zero targets, the highest numbers are headquartered in the US (210), Japan (89), the UK (57), France (40), and Germany (33).","ai_generated":true,"unit":"newclim-000062#insight-4","date_modified":"2026-10-23"},{"text":"GHG-intensive industries show high rates of target setting; the Fossil Fuels industry has the second highest percentage of net zero targets (49%) among Forbes 2000 industries with more than ten companies, followed by the Materials (steel and cement) and Transportation Services (airlines and shipping) sectors.","ai_generated":true,"unit":"newclim-000062#insight-5","date_modified":"2026-10-23"}],"climate_tags":["climate target","decarbonization","Paris Agreement","greenhouse gas emissions","carbon offset","Scope 3","Climate risk assessment","fossil fuel","steel","cement"],"geography_discussed":["European Union","United States","Japan","United Kingdom","France","Germany","People's Republic of China"],"frame_perspective":[],"analysis_type":["stocktake","trend analysis"]}]}