As of April 2021, over 32.5 billion U.S. dollars in investments were needed to fund LKAB's decarbonization project. This initiative from the Sweden-based company was the one requiring the steepest investment, followed by POSCO's project, which required around 8.8 billion U.S. dollars in funding. In 2019, the manufacturing industries and construction represented 15 percent of the total carbon dioxide emissions in the European Union.
Investment needs for selected steel and iron decarbonization projects as of April 2021, by project
(in million U.S. dollars)
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Leadership Group for Industry Transition. (August 16, 2021). Investment needs for selected steel and iron decarbonization projects as of April 2021, by project (in million U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1261863/investment-needs-for-green-steel-and-iron-projects/
Leadership Group for Industry Transition. "Investment needs for selected steel and iron decarbonization projects as of April 2021, by project (in million U.S. dollars)." Chart. August 16, 2021. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1261863/investment-needs-for-green-steel-and-iron-projects/
Leadership Group for Industry Transition. (2021). Investment needs for selected steel and iron decarbonization projects as of April 2021, by project (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1261863/investment-needs-for-green-steel-and-iron-projects/
Leadership Group for Industry Transition. "Investment Needs for Selected Steel and Iron Decarbonization Projects as of April 2021, by Project (in Million U.S. Dollars)." Statista, Statista Inc., 16 Aug 2021, https://www.statista.com/statistics/1261863/investment-needs-for-green-steel-and-iron-projects/
Leadership Group for Industry Transition, Investment needs for selected steel and iron decarbonization projects as of April 2021, by project (in million U.S. dollars) Statista, https://www.statista.com/statistics/1261863/investment-needs-for-green-steel-and-iron-projects/ (last visited December 19, 2024)
Investment needs for selected steel and iron decarbonization projects as of April 2021, by project (in million U.S. dollars) [Graph], Leadership Group for Industry Transition, August 16, 2021. [Online]. Available: https://www.statista.com/statistics/1261863/investment-needs-for-green-steel-and-iron-projects/
