Carbon-intensive sectors have no option but to drastically reduce their greenhouse gas emissions to reach zero. Failing that global temperatures will rise beyond 2°C with dramatic consequences for the planet and humanity.
Seven industrial sectors - concrete, steel, aluminium, chemicals, aviation, shipping and trucking - make up 30% of global emissions today. They can not achieve the transition to net-zero alone. They need the mobilisation and support of the full value chain, their suppliers, their customers, financial institutions and governments.
Ahead of COP26, the Mission Possible Partnership [MPP] demonstrated that industry is ready. Ready for the clean transformation opening up new business opportunities. Industry leaders mobilized by MPP will release the first industry-backed blueprints for sector transition and commit to tangible actions catalysing climate action.
Covered in the one hour discussion:
* Sector transition strategies: Developing a blueprint of what it will take in terms of technology, investment, divestment, demand, price variations, and policy mechanisms
* Financing flows: Unlocking investment in low/zero-carbon solutions through the collective mobilization of industry, demand, finance, and policy players
* Solutions scale-up: Going from innovation to demonstration to rapid technology deployment at scale
* Action: Aligning CO2 emissions targets and actions
Speakers:
* Scott Kirby, CEO, United Airlines
* Rasmus Bach Nielsen, Global Head of Fuel Decabonisation, Trafigura
* Aditya Mittal, CEO, Arcelormittal
* Faustine Delasalle, Co-Executive Director, Mission Possible Partnership
* Anne Finucane, Vice Chair, Bank of America
* Conrad Keijzer, CEO, Clariant
Moderated by, Axel Threlfall, Editor at Large, Reuters
