Implementing partner: E+ Energy Transition Institute |
Consortium partners: CinK Group - Mitsidi - PSR |
Implementation period: Jan 2025 - December 2026 |
Sector: Energy |
The BRASTEEL project aims to drive the transition to a low-carbon economy in Brazil’s iron and steel supply chain, a critical industry for economic growth and climate change mitigation. By focusing on the entire supply chain, including raw material suppliers and energy providers, the project fosters collaboration among stakeholders. Specifically, the main goal is to develop the CarbSteeler Model to analyze different decarbonization routes, optimize resource allocation, and provide strategic recommendations for emission reduction while maintaining industry competitiveness. This project responds to the growing demand for sustainable practices in high-emission sectors, supporting national decarbonization objectives and international climate commitments.
"This project fills a critical gap by developing industry-specific decarbonization models that account for Brazil's regional diversity and economic landscape, ensuring that decarbonization strategies are both effective and contextually relevant. Given the country's vast size and varying industrial capacities, a one-size-fits-all approach is insufficient. Moreover, the steady decline in the industrial sector's share of Gross Domestic Product (GDP) highlights the urgent need for innovative and competitive solutions.
By providing a science-based framework for emission reductions, the project aims to strengthen the steel sector’s global relevance, reinforcing its role in a sustainable, low-carbon economy while increasing industrial competitiveness. Additionally, the project incorporates stakeholder engagement to ensure that the transition is inclusive and just, aligning with Gender, Equity, Diversity, and Inclusion (GEDSI) principles to foster diverse leadership and equitable participation in the industrial transformation process”.
Stefania Relva, Director of Industrial Transformation, E+ Energy Transition Institute.