The industrial sector holds a tremendous potential for reducing greenhouse gas (GHG) emissions as it is directly and indirectly responsible for about 34 per cent of global GHG emissions. Notably, the steel, cement and chemical and petrochemical industries, collectively referred to as hard-to-abate industries, are pivotal in this context as they are responsible for around 70 per cent of emissions from the industrial sector. Informed by the latest available science, the TEC included an activity stream on transformative industry in its rolling workplan for 2023-2027 to promote low- and near-zero emission production and products through the support of innovation, enabling environments, sustainable purchasing commitments, and financing in order to inform NDC planning and implementation.
Transformative Industry: Mapping of initiatives that promote low and near-zero emission production and products in hard-to-abate sectorsThis background paper:
|
The TEC started its work on the development of a policy brief focusing on integrating hard-to-abate industry sectors in updated Nationally Determined Contributions (NDCs). This activity planned to deliver in 2024 aims to equip countries with actionable insights to enhance their NDCs with regards to industrial decarbonization.
The TEC announced the organization of Technology Day on Transformative Industry, set to take place during COP 29 in Baku, Azerbaijan. Building upon the success of previous events, this year's Technology Day will shift its focus towards supporting the integration of hard-to-abate industries in updated NDCs.