EGA joins First Movers Coalition to support emerging clean technologies in hard-to-abate sectors

EGA joins First Movers Coalition to support emerging clean technologies in hard-to-abate sectors

ABU DHABI - Emirates Global Aluminium, the world’s biggest ‘premium aluminium' producer, has joined the First Movers Coalition, putting the company’s purchasing power behind emerging clean technologies in hard-to-abate sectors.

The First Movers Coalition aims to signal market demand for low-carbon products from hard-to-abate sectors - including aluminium, aviation, chemicals, concrete, shipping, steel, and trucking - to accelerate their commercial-competitiveness with higher-carbon alternatives.

EGA is the first UAE-headquartered company to join the First Movers Coalition, whose current members include more than 50 major companies from around the world. The First Movers Coalition is led by the World Economic Forum and the United States Office of the Special Presidential Envoy for Climate John Kerry.

The hard-to-abate sectors targeted by the First Movers Coalition account for 30 percent of global greenhouse gas emissions. The aim of the coalition is to use demand to speed the development and scaling-up of new technologies required to decarbonise these sectors.

By joining the First Movers Coalition, companies commit to buying a proportion of their needs from hard-to-abate sectors this decade as low carbon. EGA intends to identify suppliers in the hard-to-abate sectors with the capability to innovate on emissions reductions, and explore specific cooperative projects. Amongst the hard-to-abate sectors, EGA