India is at a critical juncture in its efforts to decarbonize hard-to-abate sectors, especially the steel industry. As one of the largest contributors to carbon emissions, the steel sector plays a pivotal role in the country’s economic development, contributing approximately 12% to national emissions. With its steelmaking capacity set to reach 300 million tonnes by FY 2031, it is essential to focus on carbon emissions to avoid consuming a significant share of the global carbon budget by 2050. Hence, decarbonization efforts are needed to ensure that growth of the sector is aligned with India’s climate goals.
English
Date:
Tuesday, April 22, 2025 to Monday, June 23, 2025