In this report, Citi’s Sustainable Finance team takes a detailed look at two hard-to-abate sectors — transport (road freight, aviation and shipping) and industry (cement and steel) — which need to be focused on to successfully meet net zero emission commitments. Collectively, these sectors account for 25% of today’s global carbon emissions, but have the potential to rise by 50% through 2050 given growth expectations.
Hard-to-Abate Sectors and Emissions: The Toughest Nuts to Crack for a Net Zero Future
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