Decarbonization Strategies for carbon-intensive Industrial Sectors and their Value Chains in LAC

implementation

The general objective of this TC is to strengthen public sector institutional capacity and coordination capabilities to help shape private sector expectations and facilitate more optimal levels of coordination and green investment in the private sector. It is anticipated that these efforts will contribute to accelerating the transition towards decarbonized and climate resilient economies. To do this, it is important to assess pathways for how existing climate technologies (or Best Available Technologies (BAT)) and technologies on the horizon (i.e., that may still need significant investment in R&D+i to be commercially viable) to facilitate climate resilience and decarbonization of emission intensive industries and their value chains. The specific objectives are: (i) to provide a set of roadmaps for transition to lower-carbon technologies and achieving net-zero emissions and strengthening climate resilience by 2050 in carbon-intensive industrial sectors and their value chains in LAC ; and (ii) to generate a set of tools that can be a resource for firms in the region as they seek to engage in this process.