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dc.titleNet-Zero Industry: Options for Plastics, Textiles, Automobiles, and Fisheries in Colombia, Ecuador, and Peru
dc.contributor.authorLi, Francis G. N.
dc.contributor.authorBataille, Christopher
dc.contributor.authorVogt-Schilb, Adrien
dc.contributor.orgunitClimate Change Solutions Division
dc.contributor.orgunitCountry Department Andean Group
dc.coverageColombia
dc.coverageEcuador
dc.coveragePeru
dc.date.available2023-09-15T00:09:00
dc.date.issue2023-09-15T00:09:00
dc.description.abstractThis report explores pathways to achieve carbon-neutral industrial production in three major Andean economies: Colombia, Ecuador, and Peru. It examines options for achieving net-zero emissions in plastics, textiles, auto manufacturing, and fisheries; four sectors that are likely to play key roles in the economies of the region in the future. The report analyzes the barriers and opportunities to achieve carbon-neutral manufacturing in these countries and sectors in light of existing industrial, energy, and environmental policies, and given the progress that has been achieved so far. The analysis argues that, despite the presence of multiple barriers and challenges to implementation, the prospects for establishing clean manufacturing at scale are promising. Making such transformative changes, however, will require the following conditions: (i) a strategic vision and the underpinning legal authority to champion and achieve a net-zero transition; (ii) vastly increased institutional coordination among diverse government departments to end fragmented policymaking practices; (iii) investments that leverage rapid technological change to build a zero-emissions power grid, and to use low-carbon, synthetic fuels (such as green hydrogen or green ammonia) in industry; (iv) foreign direct investment into the clean-energy-supply sector; (v) regulatory mandates and economic incentives for powerful oil and gas firms to pivot from fossil fuels to synthetic, zero-emission fuels; and (vi) vastly improved waste-management practices to enable a significantly more circular economy that re-uses and recycles materials.
dc.format.extent140
dc.identifier.doihttp://dx.doi.org/10.18235/0005167
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Net-Zero-Industry-Options-for-Plastics-Textiles-Automobiles-and-Fisheries-in-Colombia-Ecuador-and-Peru.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/CEro-emisiones-netas-en-los-andes-descarbonizacion-de-los-sectores-del-plastico-textil-automotriz-y-pesquero-en-Colombia-Ecuador-y-Peru.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectIndustry
dc.subjectPlastic Pollution
dc.subjectIndustrial Fishing
dc.subjectFishery
dc.subjectDecarbonization
dc.subjectTextile Manufacturing
dc.subjectRecycling
dc.subjectEnergy
dc.subjectElectricity
dc.subjectManufacturing Industry
dc.subjectFossil Fuel
dc.subjectMode of Transport
dc.subjectGreenhouse Gas Emission
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeL52 - Industrial Policy • Sectoral Planning Methods
dc.subject.jelcodeQ48 - Government Policy
dc.subject.jelcodeQ01 - Sustainable Development
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.keywordsclimate change mitigation;Energy Transition;industrial strategy;heavy industry;Renewable energy;aquaculture;solar;wind;Industrial policy;Paris Agreement;plastics
dc.typeMonographs
idb.identifier.pubnumberIDB-MG-01108
idb.operationRG-T4029
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