IEA supports faster industrial decarbonisation through new Climate Club
01 December 2023
On 1 December 2023, 36 countries launched the Climate Club, a high-level forum aimed at accelerating the decarbonisation of industry. The International Energy Agency, along with the Organisation for Economic Cooperation and Development (OECD), supports this forum as the Interim Secretariat.
The IEA has long supported its members in the area of industrial emissions reductions, including sectoral technology roadmaps, advising the G7 governments under the Industrial Decarbonisation Agenda and through the recently established Working Party for Industrial Decarbonisation.
The Climate Club is an open, co-operative and inclusive forum of climate-ambitious countries to support the goals and implementation of the Paris Agreement. It aims to support accelerating climate action and increasing ambition to achieve global net zero GHG emissions by or around mid-century, with a particular focus on decarbonising industry. At COP28 UN climate change conference, leaders and ministers from Climate Club member countries will gather in Dubai to set out their joint work programme for 2024.
In 2022, industrial sectors were responsible for 9 gigatonnes (Gt) of direct CO2 emissions, accounting for a quarter of total energy system CO2 emissions including both energy-related and industrial process emissions. When indirect emissions from electricity and imported heat generation are included, this increases to around 16 Gt CO2, or around 45% of total energy system emissions. Three industry sectors – steel, cement and chemicals – account for around 70% of direct CO2 emissions from industry.
Direct industrial emissions have been broadly flat since 2013, but now need to fall to about 7 GtCO2 by 2030 – or by around 3% per year on average – to align with the IEA’s Net Zero Emissions by 2050 Scenario (NZE Scenario).