Strengthening Sustainability in the Cement Industry
Concrete literally holds the modern world together. The material and its binding agent cement comprise a key ingredient in the buildings and roads essential for development and in infrastructure critical to sustainable growth. The cement industry a...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2022
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/187101646907051224/Strengthening-Sustainability-in-the-Cement-Industry http://hdl.handle.net/10986/37140 |
| Summary: | Concrete literally holds the modern
world together. The material and its binding agent cement
comprise a key ingredient in the buildings and roads
essential for development and in infrastructure critical to
sustainable growth. The cement industry also generates about
seven percent of the world’s greenhouse gas emissions. While
manufacturers have reduced emissions in recent decades, the
industry must accelerate these efforts considerably if it is
to meet its goal of achieving carbon-neutral concrete by
2050. Decarbonization by the cement industry will require
collaboration with policy makers, financial institutions
such as the International Finance Corporation (IFC), and end
users in the built environment. The complex path to
achieving net-zero manufacturing underscores the challenges
facing high-emissions industries as they seek to reduce
their carbon footprint and build a circular economy. IFC
will complement the work of investors, regulators, and
end-users to help forward-thinking and innovative players
along the pathways leading towards a zero carbon future. |
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