Conclusions Regarding the Industrial Decarbonisation Agenda

Analytical Studies
G7/G8 Environment Ministerial Meetings | Road to the 2023 Hiroshima Summit

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Conclusions Regarding the Industrial Decarbonisation Agenda

Sapporo, Hokkaido, April 16, 2023
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In 2021, the UK G7 Presidency and the United States initiated the G7 Industrial Decarbonisation Agenda (IDA), to unlock market potential through high-level G7 government coordination, including in the areas of market regulation, standards development, investment flows, procurement strategies, and joint research related to industrial decarbonisation. Last year, this work had been continued by the German G7 Presidency 2022, leading to the establishment of an open and cooperative international Climate Club. The G7 Members drew conclusion on objectives and possible joint action, and recognized i) the toolbox of potential policy measures to accelerate industry decarbonisation, especially in the sectors in which emissions are hard to abate ii) the definitions for near-zero emission products as a robust starting point for a common understanding.

While industry is a major source of greenhouse gas emissions, industrial technologies, products and services are key for realizing the necessary emissions reductions and achieving our climate goals. This year, we built on and expand the work of previous achievements of IDA, contributing to other relevant fora, such as the Climate Club, and aimed to advance tangible action with the following two pillars as our priorities: A) Data-based industrial decarbonisation and B) Appropriate evaluation of Avoided Emissions towards net zero society.

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Source: Ministry of the Environment, Japan

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