Pledges to support the transition to a net-zero steel sector are growing across both the private and public sector. In September, at Climate Week NYC, six signatory banks — including Citi, Crédit Agricole CIB, ING, Société Générale, Standard Chartered, and UniCredit — launched the Sustainable STEEL Principles (SSP), a climate-aligned finance agreement designed to help achieve net-zero emissions in the steel industry.
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The US federal government is the largest single purchaser of building construction materials in the United States. RMI’s new roadmap charts a path to achieving zero embodied carbon from federal buildings projects by 2050 and quantifies the emissions reduction benefits of low-carbon building and material programs.
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A new report from RMI, Factor[e], and UK-charity Shell Foundation shows that a growing renewable minigrid industry and a booming market for two- and three-wheeled electric vehicles opens the door for minigrid-powered EVs to become the option of first resort for families and businesses with the ability to invest in motorized transport. The study concludes that small-format EVs available today can compete with fossil-fueled alternatives at a wide range of energy prices.
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