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31 results
PEDAL TO THE METAL
This report by Global Energy Monitor assesses the global iron and steel plant fleet, highlighting a critical lag in the transition from carbon-intensive Blast Furnace-Basic Oxygen Furnace (BF-BOF) technology to Electric Arc Furnace (EAF) steelmaking. It identifies significant stranded asset risks and underreported methane emissions from coal mining that exacerbate the sector's climate impact.
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Document type: Report
Steel Yourself - RMI
This briefing by RMI analyzes the tension between the steel industry's growth outlook and the demand reductions required to align with a 1.5°C climate outcome, highlighting the risks of delayed decarbonization and the opportunities for green hydrogen-based production.
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Document type: Briefing
Reducing Embodied Carbon Is Key to Meeting India’s Climate Targets
This briefing by RMI argues that reducing embodied carbon (EC)—emissions from the procurement, manufacturing, construction, and disposal of building materials—is essential for India to meet its COP26 climate commitments. The document highlights that while operational emissions are often the focus, the rapid growth of India's urban construction and the energy-intensive nature of its steel, cement, and brick industries present a significant risk of locking in high emissions for decades.
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Document type: Briefing
Net Zero: Decarbonising Steel by 2050
This policy brief examines the necessity and feasibility of decarbonising the global steel sector by 2050 to align with climate goals, noting that while the industry is a major emitter, technological advances make net zero achievable with appropriate policy and investment.
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Document type: Policy brief
INSIDER: Designing Low-carbon Product Standards for Cement and Steel in the United States
This briefing by the World Resources Institute discusses the design and implementation of low-carbon product standards for the cement and steel industries in the United States to help achieve Paris Agreement goals.
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Document type: Briefing
Manufacturing a Low-Carbon Society: How Can We Reduce Emissions from Cement
This text is a brief overview from the NewClimate Institute regarding a Climate Action Tracker examination of the steel and cement sectors, highlighting the insufficiency of current technologies to meet the Paris Agreement's 1.5°C limit.
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Document type: Report
cbi-financing-the-decarbonisation-of-china-e2-80-99s-steel-sector_cn-d5e97713048b0ad8.pdf
This report by the Climate Bonds Initiative and Transition Asia examines the financing of decarbonisation in China's steel sector, focusing on the impact of transition finance pilots and market trends following the introduction of the Hebei Province Transition Finance Guidelines for the Iron and Steel Industry (2023-2024 Edition).
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Document type: Report
Financing Steel Decarbonization
The Financing Steel Decarbonization (FSD) instrument is designed to mobilize private finance for low-carbon technologies in the steel sector, specifically targeting technology adopters and providing technical assistance. It consists of two entities: the Steel Decarbonization Financing Facility (SDF), a blended debt fund, and the Steel Decarbonization Initiative (SDI), a service provider for project implementation.
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Document type: Fact sheet
Steel Supply Chain Emissions Transparency: A Product-Level GHG Accounting Approach
This fact sheet from RMI advocates for product-level greenhouse gas (GHG) accounting in the steel industry, specifically differentiating between ore-based and scrap-based production to enable informed purchasing decisions and drive decarbonization.
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Document type: Fact sheet
Emerging Green Standards for Cement and Steel Decarbonization
This research paper by the World Resources Institute examines the global landscape of emissions intensity benchmarks and accounting methodologies for the cement and steel industries, emphasizing the need for harmonization to facilitate international trade in low-carbon materials.
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Document type: Research paper
Toward a Tradable, Low-Carbon Product Standard for Steel: Policy Design Considerations for the United States
This research paper by the World Resources Institute outlines policy design considerations for implementing a tradable, low-carbon product standard for the steel industry in the United States to incentivize the adoption of decarbonization technologies while maintaining international competitiveness.
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Document type: Research paper