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With the fifth anniversary of the Paris Climate Agreement this month and the COP26 Race to Zero dialogues throughout November in preparation for the meeting in 2021, climate change remains high on the agenda despite the ongoing challenges COVID-19 presents. This continued sense of urgency has triggered a response across many industries. The aluminum sector must accelerate action to meet global decarbonization goals.
Heavy industries, which together emit more than 10 gigatonnes of greenhouse gas (GHG) emissions, must be decarbonized to meet the goals of the Paris Agreement.
The aluminum sector has a pivotal role to play here. Accounting for 1.1 billion tonnes of CO2 emissions per year, it generates around 2 percent of global human-caused emissions. Demand for aluminum, an essential material for several key industries including construction, transportation and power transmission, is expected to grow by more than 50 percent by 2050. As such, emissions must be addressed now.
