According to the World Economic Forum, heavy industry accounts for one-third of global energy use and one-quarter of global GHG emissions. Steel, cement and chemicals are the three highest emitters and amongst the most difficult to decarbonise, due to both technical and economic factors.  Close collaboration among producers, technology providers and users can open new decarbonisation solutions and potentially enable cost savings that are challenging to achieve. Favourable government policies also have a role to play in unlocking viable path to decarbonisation solutions.

In this Action Session, we will examine what can be done to decarbonise heavy emitting sectors including collaboration opportunities and favourable industry policies.

Africa's vast natural resources - including agriculture, minerals, traditional fuels, and renewable energy - hold the key to unlocking energy access and security. By developing these resources sustainably and building climate-resilient energy infrastructure, African nations can create jobs, generate revenue, and stimulate markets, trade, and economic growth. To overcome the hurdle of limited financing and investment, governments, businesses, development banks, investors, and civil society must work together to create supportive policies and actions. This collaboration will ensure balanced energy security and net-zero ambitions, ultimately achieving universal energy access in Africa.

Attendee insights:

Gain insights into the opportunities for in-country growth within African nations and the crucial role of financing access and collaboration in unlocking this potential.