VIDEO: Amin Nasser touts the importance of materials transition at 16th GPCA
Materials production, use, and eventual disposal already account for almost a quarter of all global CO2 emissions.
Aramco president and CEO Amin Nasser delivered a keynote at the recent GPCA Forum in Riyadh.
By 2060, the world’s population is expected to reach 10 billion people, meaning demand for materials is also likely to increase considerably.
Materials production, use, and eventual disposal already account for almost a quarter of all global CO2 emissions. But one crucial component has been largely missing from the net-zero debate; the enormous impact that growth in material use will have on reducing global greenhouse gas emissions.
And global net-zero emissions goals will not be met without a successful materials transition.
The chemical industry needs to strengthen and accelerate its innovation efforts to develop more durable and more sustainable materials at scale while reducing their cost.
This is a unique opportunity for the chemical industry to take big decisions, redefine the materials of modern life, and make a decisive difference to both transitions and our planet.