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This policy brief, produced as part of T20 2023 hosted by India, outlines the role of the G20 and international financial institutions (IFIs) in facilitating the global transition to low-carbon steel production, specifically to ensure the inclusion of developing and emerging economies.

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  • The steel industry is a significant source of global emissions and is projected to grow due to demand from emerging economies, creating an urgent need for green steel production pathways.
  • International financial institutions (IFIs), including multilateral development banks (MDBs), can act as catalysts to ensure developing and emerging economies are included in and benefit from the transition to low-carbon steel.
  • The G20 has a unique opportunity to collaborate with IFIs to establish the infrastructure, support, and knowledge required for a rapid transition to green steel in developing and emerging economies, based on recommendations derived from interviews with IFIs.

Cite the original document

APA
Stockholm Environment Institute (2023). G20 Collaboration for Green Steel. https://www.sei.org/publications/g20-collaboration-green-steel/
Chicago
Stockholm Environment Institute. G20 Collaboration for Green Steel. 2023. https://www.sei.org/publications/g20-collaboration-green-steel/.
Wikipedia
{{cite report |author=Stockholm Environment Institute |title=G20 Collaboration for Green Steel |date=1 June 2023 |url=https://www.sei.org/publications/g20-collaboration-green-steel/ |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{stockholmenvironmentinstitute2023g20, author = {{Stockholm Environment Institute}}, title = {{G20 Collaboration for Green Steel}}, institution = {Stockholm Environment Institute}, year = {2023}, month = jun, url = {https://www.sei.org/publications/g20-collaboration-green-steel/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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