Learn how we are working to transform how we use and produce energy.
Sustainable Aluminum Finance Framework Launch at COP28
The aluminum sector—responsible for roughly 2% of GHG emissions—has a complex emissions landscape with a wide range of emissions intensities. Demand for aluminum is only expected to increase as it is also a crucial material needed for the low-carbon transition. Therefore, the sector needs to grow and decarbonize in parallel to meet the needs of a 1.5°C world. This presents significant challenges and opportunities for investment in the sector to finance this transition.
The Sustainable Aluminum Finance Framework is a first-of-its-kind climate-aligned finance framework for lenders to the global aluminum sector to support progress. The framework has been developed in collaboration with a Working Group of four banks: Citi, ING, Société Générale, and Standard Chartered, and in consultation with industry, civil society, and other financial institutions.
The Sustainable Aluminum Finance Framework launch is a must-attend event where finance, aluminum producers, and NGOs will discuss how this innovative framework can support banks and their clients to meet climate goals and the challenges and opportunities for sustainable finance in the aluminum sector.
For more information about this private event please reach out to Thomas White, twhite@rmi.org.
Help build the clean energy future. Donate today.
Independent research. Real-world solutions. Supported by donors.
RMI can pursue the highest-impact climate and energy solutions because we’re supported by people who believe change is possible. Every gift helps advance the work needed to make clean energy the default choice worldwide.
For other ways to give to RMI, including checks or gifts of stock, please visit Other Ways to Give.