Technology Day on Transformative Industry

Technology Day on Transformative Industry

Events facts

Objective
Adaptation
Mitigation
Cross-sectoral enabler
Innovation & RDD
18 November 2024 - 3:00 pm > 20 November 2024 - 2:15 pm +04
Asia/Baku
Organiser
Technology Executive Committee (TEC)

Hosted by the UNFCCC Technology Executive Committee in partnership with UNIDO and in collaboration with the Government of Japan and the CTCN

 

Background:

Initially organized by the UNFCCC Technology Executive Committee (TEC) in 2020 and 2021 on adaptation technologies, this year the Technology Day event series returns to the scene with a focus on supporting the integration of hard-to-abate industries in the process of preparing and implementing NDCs. Organized by the TEC in collaboration with the United Nations Industrial Development Organization (UNIDO), the first part of Technology Day on Transformative Industry will take place in Baku, Azerbaijan during COP 29. The second part of Technology Day on Transformative Industry is planned for 2025 to continue supporting countries with their NDC planning and implementation as regards the steel, cement, and chemical and petrochemical industries.

The industrial sector holds tremendous potential for reducing greenhouse gas (GHG) emissionsly and indirectly responsible for about 34 per as it is directcent of global GHG emissions. Notably, the three primary sectors steel, cement and chemicals & petrochemicals, collectively referred to as hard-to-abate industries, are pivotal in this context as they are responsible for nearly 60 per cent of total industrial energy consumption and contribute to around 70 per cent of the sector’s emissions.

Objectives:

The objectives of the Technology Day on Transformative Industry are to inform countries on technology and policy options for hard-to-abate industries as they develop and implement their NDCs by:

  • Sharing technology options and showcasing innovation: Provide a platform for industry leaders, technology providers, experts, innovators, investors, and policymakers to share technology options, including on green hydrogen and CCS, and demonstrate innovative policies, regulations, and other approaches for the decarbonization of hard-to-abate industries;
    Discussing policy options: Facilitate discussions on policy options for decarbonizing hard-to-abate industries;
  • Fostering partnerships: Explore ways for decarbonizing hard-to-abate industries through multi-stakeholder, industry, bilateral, and multilateral partnerships, and collaboration.

    The first part of Technology Day on Transformative Industries in 2024 will focus on the steel and cement industries, with a second part planned for 2025 to focus on the chemical and petrochemical industries.

    For more information, concept notes, and agenda, please visit the Driving Industrial Transformation through NDCs page.