Sustainable Innovation Forum - Day 4
Industry Transition: Decarbonising heavy industry is perhaps the greatest climate challenge, but does hydrogen hold the answer?
About this event
Part 4 | Industry Transition: Decarbonising heavy industry is perhaps the greatest climate challenge, but does hydrogen hold the answer?
Thursday, 19th November
2pm – 4:00pm GMT
If the harder to abate sectors return to business as usual after the pandemic, they will account for the entire carbon budget in 2050.
Heavy industry – such as cement, chemicals, steel – and heavy transport – including long-distance road transport, shipping and aviation – are together responsible for 40% of global carbon emissions and their contribution is set to increase as other parts of the economy decarbonise.
The cost of cutting harder to abate sector emissions is high and progress to date has been slow, but emerging technologies such as green hydrogen combined with CCS and CCUS could become a pathway to net-zero.
Day Four dives deep into the breakthrough alternative emissions-reducing innovations gaining traction and investments needed in the pursuit of net-zero for the hardest to abate sectors.
• Capitalising on political and business support for green hydrogen projects
• Reinventing and redesigning hydrogen-based infrastructure
• Scaling finance and Investment for green hydrogen projects in the industrial sectors
• Boosting capital investment in heavy industries to catalyse the transition
• Enabling early investment to support low-carbon production and overcome barriers to circular economy solutions
• Combining green hydrogen and CCUS to decarbonise industrial sectors.
About The Event Series:
Over the past decade the Sustainable Innovation Forum has been used as a platform by the United Nations, Heads of State, Government Ministers, Climate Experts and Chief Executives, to communicate leadership, raise ambition and forge stronger relationships between the public and private sectors.
Climate Action have curated a thoroughly researched and validated programme aligned to the key trends and challenges we face in our collective fight against climate change. The programme is designed to build momentum on climate action ahead of COP26 in 2021.