Cement Industry Backs EU’s Bold 2040 Emissions Target
Cement

Cement Industry Backs EU’s Bold 2040 Emissions Target

Cement is an irreplaceable material, vital for the infrastructure that underpins a green economy. While we are fully committed to decarbonising, this journey will require more than just plans — it demands collaborative action. The decarbonisation bank offers a promising avenue for scaling up innovation and attracting the necessary investment to meet the ambitious 2040 goals. To be truly effective, funding must be fairly distributed between developed and emerging markets, ensuring that all regions can accelerate the transition to low-carbon cement. With the right support, decarbonisation is not just possible—it is within reach.”

Emir Adigüzel, Founder of the World Cement Association and Executive Chairman of ACG International, on the European Commission’s renewed commitment to a 90 per cent emissions reduction by 2040, including support for the steel and cement industries in their transition. He said “The cement industry welcomes the European Commission’s commitment to decarbonisation, particularly the creation of a decarbonisation bank, which is a crucial step in helping industries like ours achieve net-zero emissions. As highlighted in the World Cement Association’s latest white paper, the cement sector will require $200 billion in investment by 2050 to fully decarbonise, making financial support essential."

The World Cement Association is the original international cement association and represents the cement industry and its stakeholders. Corporate Members are cement producers and have equal rights regardless of size or nationality. WCA connects members across the world and provides practical help to improve competitiveness and sustainability.

Cement is an irreplaceable material, vital for the infrastructure that underpins a green economy. While we are fully committed to decarbonising, this journey will require more than just plans — it demands collaborative action. The decarbonisation bank offers a promising avenue for scaling up innovation and attracting the necessary investment to meet the ambitious 2040 goals. To be truly effective, funding must be fairly distributed between developed and emerging markets, ensuring that all regions can accelerate the transition to low-carbon cement. With the right support, decarbonisation is not just possible—it is within reach.” Emir Adigüzel, Founder of the World Cement Association and Executive Chairman of ACG International, on the European Commission’s renewed commitment to a 90 per cent emissions reduction by 2040, including support for the steel and cement industries in their transition. He said “The cement industry welcomes the European Commission’s commitment to decarbonisation, particularly the creation of a decarbonisation bank, which is a crucial step in helping industries like ours achieve net-zero emissions. As highlighted in the World Cement Association’s latest white paper, the cement sector will require $200 billion in investment by 2050 to fully decarbonise, making financial support essential. The World Cement Association is the original international cement association and represents the cement industry and its stakeholders. Corporate Members are cement producers and have equal rights regardless of size or nationality. WCA connects members across the world and provides practical help to improve competitiveness and sustainability.

Next Story
Infrastructure Urban

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Next Story
Infrastructure Urban

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

Next Story
Infrastructure Urban

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement