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India launches a "Taxonomy of Green Steel" to rate and reduce the industry's CO2 emissions.
India has launched a new "Taxonomy of Green Steel," defining green steel by its carbon emissions intensity.
Steel plants will be rated on a star system based on their CO2 emissions, aiming to reduce industry emissions and align with the country's net-zero target by 2070.
The National Institute of Secondary Steel Technology will oversee ratings and certifications.
India, the second-largest steel producer, aims to drive sustainability in the sector and reduce emissions, which account for 7% of global CO2 emissions.
The government plans to incentivize green steel production through public procurement and a Green Steel Mission.
India lanza una "Taxonomía del Acero Verde" para calificar y reducir las emisiones de CO2 de la industria.