A G20 Compact to Accelerate Green Public and Private Procurement of Net-Zero Steel
This Policy Brief was first published in https://t20ind.org
Steel accounts for around 7 percent of global greenhouse gas emissions and 11 percent of global carbon dioxide emissions,1 and use of low-emission steel will decarbonise the sector. Green procurement of low- emission steel by public and private entities can help stimulate demand in favour of large-scale production of net- zero steel. The G20 nations produce 90 percent of the world’s steel, significantly influencing its value chains.2 Therefore, the G20 can play a catalytic role in driving mechanisms for the global decarbonisation of steel. This Policy Brief aims to underscore the potential of green procurement for creating demand for net-zero steel. It identifies policies and near-term actions that the G20 can deploy.
Related content
Community Climate Clubs to Motivate and Create Personal Action for an Equitable World
John Aston, Ilan Chabay, Jesus Crespo Cuaresma, Mei Lin Fung, David Ross, Pedro Ahlers, Navroop K. Sahdev Policy BriefCulture and sciences for life: Towards a global health literacy alliance for a sustainable future
Francesco Blasi, Enrico Caiani, Andrea Grignolio, Maria Grazia Magro, Alex Mauron, Marco Montorsi, Marica Nobile, Gaia Panina, Barbara Prainsack, Ana Sbutega Policy BriefGreening Global Trade: Enhanced Synergies Between Climate And Trade Policies For Decarbonization
S. K. Mohanty, Pankhuri Gaur, Chandni Dawani, Rizki N. Siregar, Novia Xu, Giulia Cretti, Pierfrancesco Mattiolo, Paolo Mazzotti Policy Brief