Carbon Policies for Transformation: Unlocking Industrial Decarbonization

​Carbon Policies for Transformation: Unlocking Industrial Decarbonization will explore how different carbon policies around the world have been implemented, and the ways they can accelerate the low-carbon transition, particularly in high-emitting industries. Heavy industries, such as steel, cement, and chemicals remain vital to economic growth, yet their emissions present one of the most significant obstacles to achieving global climate goals. In response, governments are increasingly adopting a variety of carbon policy instruments, such as carbon tariffs, market-based mechanisms, and regulatory standards, to steer industries toward low-carbon pathways. However, the effectiveness of these policies varies greatly depending on how they are designed, implemented, and integrated into broader industrial and climate strategies. Therefore, this dialogue will evaluate existing policy measures, explore future pathways, and provide guidance on how upcoming policies should be structured to deliver tangible, real-world impacts.

​We will Achieve

• ​Shared understanding of the limitations of existing carbon policies in different regions through a critical review of their design, implementation, and contribution to decarbonization.

• ​Forward-looking vision for carbon policies that can effectively drive emissions reductions and support the achievement of low-carbon transition in high-emitting industries

• ​Actionable next steps for policy considerations in both existing and emerging carbon policies, ensuring they function as key measures that deliver real-world impacts