The 2020s are a crucial window in which the transition to green steel must be accelerated to avoid lock-in to high-polluting assets for the next 15-25 years. International financial institutions can play an important role in kick-starting the transition to green steel, especially in emerging and developing regions.
Demand for steel is expected to increase in the coming decades as population growth, industrialization, and urbanization in emerging and developing economies continue. The need for these countries to leapfrog to green steel production provides a unique opportunity for international finance institutions to support the global steel transition by:
Other publication / International finance institutions can play an important role in kick-starting the transition to green steel, especially in emerging and developing regions.
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