Mumbai, 1 August 2012
The CSI has signed a cooperation agreement with the IFC as part of a project the industry is co-leading, to develop the Low Carbon Technology Roadmap for the Indian cement industry. The Indian roadmap, to be launched in late 2012, will be the first roadmap to focus on one specific industrial sector in one a single country. The project is now moving on in parallel towards its implementation phase, to test the technologies identified in the report development.
The Low Carbon Technology Roadmap for the Indian cement industry will be the first roadmap to focus on one specific industrial sector in a single country. In 2009, the CSI had worked with the International Energy Agency (IEA) to developed the Global Cement Technology roadmap, which was the first report of its kind to provide an ambitious vision for carbon emissions reductions for one industry sector as a whole, up to 2050. The roadmap outlined a possible transition path for the industry to make continued contributions towards a halving of global CO₂ emissions by 2050. As part of this contribution, this roadmap estimated that the cement industry could reduce its direct emissions 18% from 2005 levels by 2050. The development of a India-tailored roadmap is now ongoing, with the International Finance Corporation (IFC) co-financing the project
Involvement from the IFC contributes to the widening of project coverage and scope. In particular, IFC support will enable CSI member companies in India to undertake a resource efficiency assessment looking into feasibility of implementation of these technologies at selected manufacturing plants. The assessment will identify specific areas where investments related to energy efficiency, technology up-gradation, material conservation, etc can lead to greenhouse gas (GHG) emissions reductions.
On 1 August 2012, the three CSI member companies in India, co-chairing the project, signed a partnership with the IFC to formalize their commitment in starting the implementation phase, known as Phase II into some of their sites. Other CSI member companies in India are also invited to embark on the process.
The project has been well-received both in India and internationally as an important step in reducing emissions while maintaining pace for the rapid cement demand increase forecast in India.
Roadmap project co-chairs (ACC, Shree Cement, UltraTech Cement) with representatives from IFC, CSI and CII.