Industrial Deep Decarbonization Initiative

Under the leadership of the UK and India and participation of other countries, including Canada and Germany, the 12th meeting of the Clean Energy Ministerial witnessed the launch of a new the Industrial Deep Decarbonization Initiative (IDDI). The initiative is coordinated by UNIDO and brings together a strong coalition of private sector partners and multilateral organizations, including Mission Possible Platform, LeadIT, IRENA and the World Bank. The IDDI aims to stimulate demand for low carbon industrial materials, like ‘green’ steel and cement, which are two of the most carbon intensive commodities on the planet. The initiative will work with governments worldwide to standardize a life cycle assessment of embodied carbon, set ambitious procurement targets and establish tools for comparing the environmental impact of industrial products. The IDDI will also host a campaign that enables unprecedented public policy making on market creation of low carbon industrial materials and generates commitments in one of the next frontiers in the race against climate change. Together, the stakeholders and governments involved in the IDDI are encouraging much needed public and private purchasing commitments in decarbonized steel and cement, and subsequent investment into the industrial transition.

Global Efficiency Intelligence, LLC has been working with UNIDO, Clean Energy Ministerial and other partners in supporting IDDI. We led the development of reports and white papers on green public procurement policy design based on international best practices as well help to develop the work plan and other supporting materials for IDDI.