COP27’s thematic day dedicated to Decarbonization called for urgent action to reduce emissions across industry with a specific focus on the most carbon intensive sectors including steel, oil, gas, and fertilizers. The agenda featured several sessions that launched initiatives including the Sharm El Sheikh Methane Reduction Roadmap and East Mediterranean Gas Forum decarbonization initiative.
“The climate crisis is existential, overriding and ever present and we need to look at every piece of the puzzle, including the decarbonization of the industrial sectors that underpin the global economy,” said COP27 President H.E. Sameh Shoukry, commenting on Decarbonization Day. “Today’s activities provided a significant opportunity to discuss critical plans and policies needed to reduce carbon footprints, particularly in hard-to-abate sectors. We hope the conversations today help facilitate the much-needed transition to and low carbon economy”.