Steel Standard-Setting Initiatives: Industrial Decarbonization Part I

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Industrial decarbonization is critical to the achievement of net-zero emissions. In order to reduce emissions from sectors traditionally viewed as harder-to-abate such as steel, the embedded carbon of such goods must first be calculated. Many standards for evaluating products’ carbon intensity exist or are being developed around the world at various levels of governance. The United States’ Buy Clean procurement plan, the Clean Energy Ministerial Industrial Deep Decarbonization Initiative (CEM IDDI) and the ResponsibleSteel Standard are national, supra-national, multilateral and private sector initiatives doing just this.

The Transatlantic Climate Bridge and E3G co-authored a report analyzing these initiatives and providing an in-depth look at the diplomatic and political processes behind them. This event presented the major findings from this report and shed light on the opportunities for harmonization across these initiatives and where there is room for greater political and diplomatic collaboration.

 

 

Speakers:

Malte Bornkamm, Head of the Division for Industrial Decarbonization, German Federal Ministry for Economic Affairs and Climate Action

- Rana Ghoneim, Chief, Energy systems and Infrastructure Division, United Nations Industrial Development Organization

Fiona Skinner, Project Administrator, United Nations Industrial Development Organization

Peter Levi, Industry Lead, Energy Technology and Policy Division, International Energy Agency 

- Mary Hellmich, Analyst and Co-Lead of the Transatlantic Climate Bridge at adelphi

 

Moderator:

- Max Gruenig, Senior Policy Advisor, E3G Washington Office