With more than 30% of global greenhouse gas emissions and nearly 40% of global energy consumption, the industrial sector is the second largest emitter after power generation. At the same time, the demand for energy and industrial products is forecasted to increase tremendously. Without increased emission reduction efforts within the industrial sector, the goal of limiting global temperature rise to 1.5 Celsius stays unreachable.
The Alliance for Industry Decarbonization aims to decarbonize industrial value chains and accelerate net-zero ambitions in accordance with the Paris Agreement. The Alliance’s founders and partners, consisting of private and public organizations and stakeholders operating in energy-intensive sectors, commit to collaborate toward the common vision of a green future. The Alliance members believe in the power of partnerships based on honest dialogue and concrete actions.
The International Renewable Energy Agency (IRENA) coordinates and facilitates the activities of the Alliance based on its vast experience in hosting multi-stakeholder platforms. Siemens Energy co-chairs the Alliance leadership alongside Tata Steel and Knowledge Partner Roland Berger supporting the buildup and implementation.
“Climate action needs industry leaders.”
“We have less than a decade left to secure a fighting chance for a 1.5°C world. Climate action needs industry leaders. This Alliance stands for the growing commitment of global industry to act on decarbonization. We are delighted today to welcome eight new members to our Alliance, united in their determination to speed up energy transition. By standing together we send a clear signal of solidarity at COP27, and we invite new partners to join our common vision.”
“There is no alternative to the energy transition.”
“There are no reasons or excuses to wait for action. All technologies needed are available and the recent IPCC report has made it clear that without major changes global warming will increase more than 3.2 °C. There is no alternative to the energy transition – we need to act together for just, ambitious implementation now.”
Alliance ObjectivesThe objective of the Alliance for Industry Decarbonization is to facilitate dialogue on industry level and increase cooperation to help companies to develop solid decarbonization strategies and implementation plans, aligned with their countries’ net-zero and decarbonization commitments. The Alliance is to serve as a global platform for enhancing dialogue through exchange of insights, experiences and best practices.
On September 1, 2022, the International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and thirteen companies across all industry sectors have launched the Alliance by adopting the Bali Declaration.
The founding members include Enel Green Power, TAQA Arabia, Eni, Technip Energies, EDF Renewables, JSW, Tata Steel, Sable Chemicals, Tatanga Energy, Repsol, Equinor and TAQA.
Since the launch, additional companies have joined the Alliance. They include OQ, the KIS Group, VALE, ATC Development, Subsea7, Elsewedy Electric, FLSmidth, Petronas, Ecopetrol, Unilever, Envision, Alfanar and Zahid Group. The Eco-system Knowledge partners include State of Green and Roland Berger.
The growing number of members highlights that an international, multi-stakeholder platform that enables exchange and collaboration to tackle the decarbonization of the industrial sector is long overdue.
Through common goals, willingness to change, and strong collaboration, industrial emissions will stop rising. Ultimately, only collective efforts of the industrial sector will accelerate the achievement of a net-zero future.
The Alliance operates under the following focus areas:
IRENA and Industry Leaders Launch the Alliance for Industry Decarbonization
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization. The new Alliance aims to accelerate net-zero ambitions and the decarbonization of industrial value chains in pursuit of the Paris Agreement climate goals.
The Alliance for Industry Decarbonization Outlines Core Focus Topics, and Welcomes New Partners at Maiden COP27 Meeting
13 new partners joined the Alliance, with more set to join in the next weeks, to progress the joint vision, strategy and implementation plan.