Materials account for approximately 20 percent of global GHG emissions. While this presents challenges in hard-to-abate subsectors, it also presents opportunities for players innovating to produce or source low-carbon materials. “While several uncertainties remain about how the materials transition will play out, governments and companies can plan strategic actions that are resilient across a broad range of outcomes,” write McKinsey’s Maria Gusakova, Thomas Hundertmark, Michel Van Hoey, and coauthors in a recent report. As COP28 wraps up, explore these insights to understand the barriers for the supply of green materials, actions and enablers to decarbonize materials, and what is required to capture new opportunities.
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