Group of governments commit to green steel buying pledge: COP 26
Published: Wednesday, 10 November 2021
The governments of the United Kingdom, India, Germany and Canada have announced a pledge to purchase low carbon-emission steel under the Industrial Deep Decarbonization Initiative (IDDI), it was announced on Tuesday November 9.
The group of countries announced its intention to buy
low-carbon steel and concrete at the UN Climate Change
Conference, COP26, in Glasgow, with specific interim targets by
2030 expected to be revealed at the next meeting of the Clean
Energy Ministerial (CEM) by mid-2022.These two materials
account for 14-16% of...