Climate Friendly Materials Platform

Production of basic materials like steel, cement or aluminium is responsible for the majority of industrial GHG emissions. Yet so far national policies provide very limited support for climate friendly material production and efficient use of materials. In principle, Emission Trading Systems were implemented to provide the desired incentives. In practice, carbon leakage concerns trigger free allocation of emission allowances muting the carbon price incentives for most mitigation options. This event will explore how additional policies like consumption charges on material and innovation support can make climate policy effective for the material sector.