Industry decarbonisation in times of energy crisis - DIW-OECD Industrial Strategy Dialogue

As part of the DIW-OECD Industrial Strategy Dialogues, this event will explore how strategic international partnerships can accelerate the decarbonisation of the steel sector. Steel is a cornerstone of modern economies but also one of the most emissions intensive industries — an issue made even more urgent by the current energy crisis, which has exposed the vulnerability of carbon intensive production to volatile fossil fuel markets and underscored the need to scale up clean energy solutions. Coordinated global action is therefore essential to expand the production and trade of green steel.

The OECD will present new work on the global steel landscape, discussing the importance of climate and trade policy, the diversity of transition pathways and the need for international cooperation and partnership. The discussion will also highlight initiatives such as the Climate Club as an example of how high level international partnerships — grounded in robust analytical work and shared data — can help align policies, strengthen cooperation and support the transformation, and resilience, of the global steel industry.