Decarbonization of industry: four signs for optimism and five levers to accelerate the transition

Aviation, maritime and road transport, the production of steel, cement or aluminium, and the oil industry are some of the sectors that need a greater boost in the reduction of polluting gases. The World Economic Forum identifies the ideal ecosystem to pick up speed.

In the corridors of Expo City Dubai, during the last climate summit (COP28), an expression sounded strong again: ‘hard-to-abate’. This term encompasses all the sectors in which reducing greenhouse gas (GHG) emissions is currently complicated, either due to costs or lack of alternatives. The protagonists of this debate are aviation, maritime and road transport, the production of steel, cement, aluminium and ammonia, and the oil industry. Together, they account for 40% of global emissions.

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