Please join the European Union, Climate Advisers, and the Atlantic Council Global Energy Center virtually on Friday, December 10, from 9:00 am – 10:15 am ET for a discussion on strategies for transatlantic cooperation to accelerate global decarbonization of steel manufacturing. This event will also launch a report on the subject from Climate Advisers and the Atlantic Council supported by the European Union.

For the world to meet its climate commitments, emissions from heavy industry must be dramatically reduced. The production of steel, which accounts for roughly 8% of global carbon dioxide emissions, is at the forefront of the challenge. The recent announcement of a joint European Union and United States initiative to reach a Global Arrangement on Sustainable Steel and Aluminum provides a new window of opportunity for the transatlantic relationship to bolster the momentum of and discover alternative pathways to industrial decarbonization.

In this Atlantic Council event, government and industry leaders from both sides of the Atlantic will discuss the findings of the report and the policy proposals therein with a focus on those that could accelerate decarbonization pathways for steel. Early steps needed to structure international engagement on this topic as well as bring in other major steel-producing countries will also be tackled. The dialogue will address the challenges of developing a common methodology for evaluating the carbon emissions profile of steel production, creating a robust market for green steel, and sharing research and technical information.