The OECD is undertaking a wide variety of projects on industrial decarbonisation (see this recent brochure for an overview). With respect to steel, the following projects are of particular relevance for the Breakthrough steel agenda:
- Monitoring of steel markets, capacity and trade with an increasing emphasis on decarbonisation aspects
- Targeted analysis of steel and the circular economy with an emphasis on steel scrap
- Assessment of steel company net-zero strategies, challenges and policy needs
- Mapping of policies (including subsidies) relevant for steel with emphasis on decarbonisation policies
- Observatory for critical raw materials for the steel industry, with focus on decarbonisation (e.g. high quality iron ore)
The Clean Energy Finance and Investment Mobilisation (CEFIM)
- The CEFIM programme aims to strengthen domestic enabling conditions to attract finance and investment in renewables, energy efficiency and decarbonisation of industry in emerging economies, including in steel.
- CEFIM has developed a Framework for industry’s net-zero transition to support countries in decarbonising industrial sectors. The Framework is being implemented in four countries, in particular in Indonesia and South Africa for the steel sector.