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This briefing from the Stockholm Environment Institute outlines pathways for the global steel sector to achieve net-zero emissions by 2050. It highlights the necessity of transitioning away from conventional blast furnaces by 2025 to avoid stranded assets and catastrophic climate impacts, emphasizing a mix of hydrogen-based direct reduced iron (HDRI), carbon capture and storage (CCS), and increased recycling. The document stresses the critical role of policy-makers in providing clean energy, creating lead markets, and fostering international cooperation, specifically mentioning the Glasgow Breakthrough on Steel.

The 'Menu of Voluntary Actions' outlines eight strategic areas where members of the Coalition of Trade Ministers on Climate intend to coordinate trade-related actions to address the climate crisis, focusing on inter-ministerial dialogue, WTO engagement, support for vulnerable developing countries, and private sector collaboration.