A greener path to competitiveness: policies for climate action in industries and products
Industries and the products they make can play a considerable role in the global effort to tackle climate change. Making them part of the solution while helping them stay competitive is a key challenge for policy makers, according to a new report from the World Bank Group, CLASP and Carbon Trust. The report, A Greener Path to Competitiveness: Policies for Climate Action in Industries and Products helps chart the way for industries to remain competitive while implementing greener, more climate-friendly technologies and strategies. Industries contribute more than one-third of direct and indirect global greenhouse gas (GHG) emissions. Certain sectors, including iron and steel, cement, chemical, and aluminum manufacturing, are the primary contributors to climate change due to their inherent requirement for large amounts of energy.