We convene leaders to debate the hard questions and confront potential trade-offs in seeking sustainable growth.
The pathway for greening the production of cement is not set in stone.
The cement industry has the potential to reduce carbon dioxide emissions from production by roughly 40% by 2030, or roughly double the reductions pledged to date by companies in the industry, thanks to a combination of technologies that are increasingly cost competitive, an analysis by Galvanize Climate Solutions and the MSCI Sustainability Institute finds.
The imperative to phase out unabated coal-fired power generation presents particular challenges for low- and middle-income countries in the APAC region, where billions of dollars in public and private capital will be needed to purchase plants for decommissioning or to incentivize their owners to significantly shorten the plants’ operating lives.1“GFANZ’s APAC Network Opens Consultation for Managed Phaseout of Coal in Asia-Pacific.” Glasgow Financial Alliance for Net Zero, June 4, 2023. The Institute is collaborating with the Glasgow Financial Alliance for Net Zero (GFANZ) on research that will simulate the early-phase out of coal-fired power plants in select APAC countries.
Reaching net-zero will require reducing emissions commensurate with the specific contribution of each industry to greenhouse-gas pollution.1Pathways to reducing emissions in line with the goal of reaching net-zero vary by sector. See, e.g., “Target Setting Protocol, Third Edition.” UN-convened Net Zero Asset Owner Alliance, January 2023. The Institute has teamed with Galvanize Climate Solutions to show how capital can influence the future emissions trajectory of hard-to-decarbonize industries such as cement, steel and chemicals.
To celebrate the launch of the Institute, we will convene leaders across the sustainable-finance landscape to foster greater collaboration among capital-markets participants, academics, policymakers, and NGOs on global challenges such as climate change.
19 September 2023 | New York Learn more
The Global Adaptation and Resilience Investment (GARI) working group will host a roundtable session for a select group of leading market participants and experts to provide input into a joint industry effort aimed at highlighting investment strategies that can produce solutions and technologies for a resilient climate transition.
21 September 2023 | New York Learn more
Linda-Eling Lee, the MSCI Sustainability Institute's founding director, will participate in a panel discussion of academic research that explores collaborative investor engagement with policymakers.
5 October 2023 | Tokyo Learn more