FIRST MOVERS COALITION SECTOR
Steel production accounts for about 7–9% of global CO₂ emissions, making it one of the most carbon-intensive industries worldwide. Decarbonizing steel is vital to reduce reliance on coal – currently supplying most of the sector’s energy – and to cut pollution from heavy industry. Near-zero steel, produced with renewable power, recycled materials, and emerging technologies like hydrogen-based reduction or electrowinning, can transform supply chains and support a net-zero economy.