Environment and Energy

Canada, EU form green alliance

Written by Laura Miller

November 28, 2023

Canada and the EU have come together to establish a green alliance, pledging to align their domestic and international climate policies in the pursuit of climate neutrality.

The EU-Canada Green Alliance is the third of its kind, the EU said. It follows the EU-Norway Green Alliance signed in April 2023 and the EU-Japan Green Alliance signed in May 2021.

The two sides committed to strengthening their political, technical, economic, and scientific ties, with a focus on green industrial transformation, the clean energy transition, research and innovation, climate action, environmental and ocean protection, and climate and biodiversity finance.

The partners plan to strengthen their efforts to reduce greenhouse gas emissions in the highest-emitting industrial sectors, said a joint statement.

Steel and aluminum were specifically called out as industries the partners will collaborate on while advancing low-carbon manufacturing, according to a document released by the Canadian government.

Also a part of the Green Alliance, Canada and the EU plan to increase regulatory and business cooperation in support of industry’s green transition. They also plan to continue to cooperate on the integration of their raw materials value chains.

Additionally, the EU joined Canadian Prime Minister Trudeau’s Global Carbon Pricing Challenge, which seeks to raise explicit carbon pricing coverage of global emissions to 60% by 2030. Established in 2021, the Challenge also provides participants with a forum for emissions trading discussions.

“Canada is a trusted partner for Europe in addressing the triple planetary crisis of climate change, biodiversity loss and pollution. I’m delighted to have launched the Green Alliance today with Prime Minister Trudeau,” said European Commission President Ursula von der Leyen. “This Alliance takes our cooperation to a new level, deepening and expanding our work together. From clean energy to green technologies, it will help us reach our net zero goal.”

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

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