Green product demand hinders $700bn low-carbon investments in high-emission industries, obstructing Paris climate goals.

Weak demand for green products is obstructing up to $700 billion in necessary investments for low-carbon projects in high-emission industries like aluminum, steel, and cement, according to the Industrial Transition Accelerator (ITA). These sectors account for roughly 30% of global CO2 emissions. To align with Paris climate goals, projects must finalize investment decisions in the next 2-3 years, but uncertainty in market demand poses a significant barrier to investment.

September 19, 2024
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