Cement & Concrete

Cement and concrete constitute approximately 8% of all global emissions, and demand is expected to grow significantly for this crucial construction material by 2050. Low-emissions solutions for cement and concrete exist, however the supply is limited and carries a price premium compared to conventional products. Cement and concrete producers need clear signals that there is sizable demand for low-emissions products to justify the high capital costs required to finance low-carbon cement production.

GMA and RMI are partnering on an initiative to address these challenges by facilitating capital deployment towards low-carbon cement and concrete, enabling dramatic reductions to embodied emissions in the built environment. This initiative will operate in two phases: first leading a diverse working group to design a credible measurement and book and claim system, and, subsequently, establishing a collective procurement process for both physical and attribute offtake similar to other programs such as the Sustainable Aviation Buyers Alliance (SABA), GMA Trucking, and Sustainable Steel Buyers Platform.