China is the world’s largest producer and consumer of cement. The industry accounts for 13 percent of the country’s total carbon emissions, making it the third largest-emitting industry after power and steel. Therefore, decarbonization of this industry is crucial to achieving the country’s goal of carbon neutrality.
This report by RMI and the China Cement Association reviews the industry’s short-, medium-, and long-term decarbonization strategies, technology deployment, and economics within the time frame delineated by China’s decarbonization goals (2020–2060), so as to provide potential guidance for policymakers and market participants.