Achieving net zero heavy industry sectors in G7 Members

The report focuses on the implementation of policies aimed at drastically lowering CO2 emissions form heavy industries in the G7 and beyond in two priority areas for Germany’s 2022 G7 Presidency. The first is a toolbox of policies and financing mechanisms to initiate and sustain the industry sector transition. The second is a series of common and practicable definitions of what constitutes near zero emissions steel and cement production, a key step to establishing future policy mechanisms, irrespective of the exact mitigation pathway or the specific technologies chosen. The report is designed to inform policy makers’ material producers and consumers, investors, leading sectoral initiatives and the research community in the lead up to the G7 Climate and Energy Ministerial in May 2022, and beyond.