Speed, scale, and cost are critical when it comes to decarbonising the #cement industry – responsible for almost 8% of global carbon emissions. Clinker-substitution technologies, which can rapidly #decarbonise the cement industry at scale, are available today. Yet, to date, policy and government funding in Europe have focused almost exclusively on Carbon Capture, Utilisation, and Storage (CCUS). We need to adopt the widest possible range of viable, emerging technologies as fast as we can if we are to stand a chance of meeting the #ParisAgreement’s 2030 target. If even a fraction of the resources and policy efforts put towards CCUS were directed towards scalable, #LowCarbon cement technologies, such as our ACT solution, we could see huge decarbonisation gains before the end of this decade. The cement sector's emissions can be halved by 2030. To do this, we need: 🔷 To address the funding imbalance. 🔷 Performance-based (technology-neutral) standards to ensure a level playing field for all products and technologies. 🔷 To leverage the power of Green Public Procurement: 40–45% of cement in Europe is bought through public procurement, so GPP can be a huge lever to stimulate clinker-reduction solutions.
Climate finance is not charity, it’s an investment. #ClimateAction is not optional, it’s an imperative. Both are indispensable to a liveable world for all humanity and a prosperous future for every nation on Earth. #COP29.