Driving Deeper Decarbonization: Implications of the EU's Ambitious New Goals and Targets
In February 2024, the European Commission announced two keystone policies that accelerate carbon reduction timelines; the EU 2040 Climate Target Communication and the Industrial Carbon Management (ICM) strategy. In this Relae deep dive, you will learn the implications of the EU’s ambitious new goals and gain insights into the solutions required to meet them.
What's Inside
- Learn why effective carbon management is critical in achieving the EU’s accelerated timelines
- Understand which sectors will be most affected by these ambitious new goals
- Gain insights into reduction solutions including carbon dioxide removal (CDR), clean fuels, and carbon capture, utilization, and storage (CCUS)
- Discover the need for equity and climate justice considerations moving forward
Justine Davids
Justine Davids
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Ms. Davids recently worked with Relae Capital Management as Investor Relations Manager and Associate to assist with fundraising, engage with their vast investor network, and screen potential investments. In addition, she worked as a Client Project Manager for Relae Inc. to assist clients in achieving their decarbonization goals.
Prior to Relae, she collaborated with experts from around the world as Research Assistant to Dr. Jennifer Wilcox. Her work on the CDR Primer, as well as other scientific contributions, focused on different CO₂ removal and reduction strategies.
Vish Arora
Vish Arora
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Vish draws on his extensive corporate strategy consulting experience, supporting clients across a range of industries, to set purpose-driven strategies.
Prior to joining Relae, Vish was a Manager in PwC’s Sustainability & Climate Change team in London, where he led teams advising clients on net-zero targets, decarbonization strategy, climate and ESG reporting, and climate impact measurement in sectors spanning financial services, consumer goods, and charities.
While at PwC, Vish led development of the Science Based Targets initiative's first 1.5°C-aligned target-setting guidance for the buildings sector, which accounts for over 30% of global emissions.
Vish began his career in healthcare strategy at Strategy&. He is based in London.
Julio Friedmann, PhD
Julio Friedmann, PhD
Dr. Friedmann is one of the most widely known and authoritative experts in the US on carbon removal (CO₂ drawdown from the air and oceans), CO₂ conversion and use (carbon-to-value), hydrogen, industrial decarbonization, green manufacturing, and carbon capture and sequestration.He served as Principal Deputy Assistant Secretary for the Office of Fossil Energy at the Department of Energy during the Obama Administration, where he was responsible for DOE's R&D program in advanced fossil energy systems, carbon capture, and storage (CCS), CO₂ utilization, and advanced power generation. More recently, he was a Senior Research Scholar at the Center on Global Energy Policy at Columbia. He has held positions at Lawrence Livermore National Laboratory, including Chief Energy Technologist.
Greenman Award (Lifetime achievement in CCS), International Energy Agency: IEA
