Green finance adalah
Green finance adalah. For the world to reach net-zero emissions by 2050 in line with IPCC Intergovernmental Panel on Climate Change recommendations, attention needs to turn to industrial sectors such as steel, where emissions in the production processes themselves and the need for very high temperatures make the path to decarbonisation more difficult than in the power sector. The good news is that a revolution in steel production is now within reach. Major steel-producing countries, including China, Japan, the EU and now the US, have set ambitious targets to reach net-zero economies.
Achieving them demands not just further material efficiency, greater recycling of scrap steel and continued process efficiency; it will take a shift to radically different zero-emissions primary ore-based steelmaking. These solutions are being championed by a number of high-ambition steel producers — including the two largest players, Arcelor Mittal and China Baowu Group — who have announced commitments to net-zero steelmaking. However, the business case is not yet there to unlock investment in green steel production at scale.
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