Cement is the foundation for a green economy. The cement industry is committed to reducing carbon emissions but it will take more than just plans, it will take everyone to work together. The decarbonisation bank is a big step to fund innovation and attract the investments to meet the 2040 targets. It’s important this funding is shared fairly between developed and developing countries so all regions can move to low-carbon cement. With the right support we can reduce emissions.

Emir Adigüzel, Founder of the World Cement Association and Executive Chairman of ACG International supports the European Commission’s 90% reduction target by 2040 and their plan to support the steel and cement industries to reduce emissions. Adigüzel said, “The cement industry welcomes the European Commission’s commitment, especially the decarbonisation bank which will be key for our industries to be net-zero. According to the World Cement Association’s recent report the cement sector will need $200 billion by 2050 to fully reduce carbon emissions, so financial support is crucial”

The World Cement Association is the global voice of the cement industry, we represent cement producers worldwide. We help our members to be more competitive and sustainable