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São Paulo, Brazil, June 24 2016
—IFC, a member of the World Bank Group, signed an agreement with the National Union of Cement Industry (SNIC) and the Brazilian Portland Cement Association (ABCP) to support the preparation of the Cement Technology Roadmap in Brazil.
A pioneering initiative by the industry in Brazil, the project is being developed in partnership with the International Energy Agency (IEA) and the World Business Council for Sustainable Development - Cement Sustainability Initiative (WBCSD-CSI), and it will be technically coordinated by Professor José Goldemberg, a former Minister of Education and former Secretary of Science and Technology.
In addition to co-financing the initiative, IFC will also contribute with its international experience-gained through the financing of more than 180 projects in the cement sector in about 60 countries, in the last 55 years- for the production of two of the project's technical studies: Energy Efficiency and the Use of Alternative Fuels. IFC’s present portfolio includes 30 investments and 10 advisory projects in cement, in 26 countries. IFC has already invested more than US$ 4 billion in the sector globally, and US$ 838 million in Latin America alone.
The Brazilian edition of the Cement Technology Roadmap will map current and future technologies and their potential for energy efficiency improvement and greenhouse gas emissions reduction per ton of cement produced up to 2050. Its main objective is to contribute to the development of the cement industry in Brazil towards a low carbon economy, using technical solutions allied to a range of recommendations from the academic, government and financial sectors. The challenge is considerable, since Brazil, according to IEA, is the country with the lowest potential for reducing CO2 emissions per ton of cement produced in the world, according to the degree of excellence already achieved.
Four major themes are being analyzed by the Cement Technology Roadmap - Brazil, which includes the direct participation of major academic and research institutions from various regions of Brazil. They are: Energy Efficiency; the Use of Alternative Fuels, such as biomass and waste for co-processing; the Use of Additions to replace clinker, an intermediary product of cement; and the Capture, Storage and Use of Carbon.
Worldwide, two other studies on the cement industry have been previously done using the same methodology and with the same partners (IEA and WBCSD) - the global Cement Technology Roadmap, in 2009, and the Low Carbon Technology Roadmap for the Indian Cement Industry, in 2013 - the latter also supported by IFC. In Brazil, the project was launched in September 2014 and is expected to be completed in the first half of 2017. The preparation of the Cement Technology Roadmap - Brazil is being supported by more than 90% of the country’s cement producers.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence, to create opportunity where it’s needed most. In FY15, our long-term investments in developing countries rose to nearly $18 billion, helping the private sector play an essential role in the global effort to end extreme poverty and boost shared prosperity. For more information, visit
www.ifc.org
About SNIC
The Sindicato Nacional da Indústria do Cimento - SNIC (or National Union of the Cement Industry, in English) was founded in 1953. It was constituted with the objective to study, disseminate, and provide legal representation to the economic sector “Cement Industry”, considered as the integrated activity of exploration and processing of mineral substances and their chemical transformation into clinker and subsequent milling, in Brazilian territory. In the sphere of administrative and judiciary authorities, SNIC represents the general interests of the sector, and the individual interests of its associates. For more information, visit
www.snic.org.br
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