May 22, 2022

Climate Change News

Saving The Planet

The circular economy of carbon: managing carbon in an integral way

This webinar will take place on Wednesday, August 11, 2021, at 9 a.m. EDT (4 p.m. to 2 p.m. to 2 p.m.). Climate change is a growing challenge, as global carbon emissions are rising rapidly and greenhouse gas concentrations are at record levels. If we want to achieve the goal of the Paris Climate Agreement of limiting global temperature rise to less than 2 ° C, the necessary transition will have huge effects on global economic growth.

An essential approach to mitigating carbon emissions is to embrace the circular economy. Endorsed by G20 energy ministers in September 2020, the circular carbon economy (CCE) approach incorporates clean technologies such as carbon capture, use and storage (CCUS) to store carbon underground, along with processes which convert CO2 into value-added products. CCE’s “four Rs” aim to reduce the amount of carbon to be managed, reuse and convert emissions into valuable products, recycle carbon through natural processes, and eliminate emissions from the system completely.

Most greenhouse gases are emitted by the production of new materials and products, but after the covid-19 pandemic, there is a new will among manufacturers to focus on circular approaches. CCE enables all sectors and industries to collaborate on the use of available technologies and carbon mitigation options to reduce emissions, and provides solutions for research and policy in all markets. There is enormous potential for the manufacturing and production ecosystem to integrate circular carbon systems at all levels, enabling industrial symbiosis, preventing emissions and creating climate-friendly structures that support sustainable development.

Join the Saudi Industrial Development Fund (SIDF) and The Economist Events for The Circular Carbon Economy: Managing Holistically Carbon, a virtual event that brings together industry leaders, policymakers, regulators and academics for a hands-on policy debate and the regulatory reforms needed to successfully advance clean energy technologies and innovate.

Some of the key questions addressed include:

  • Why is a circular carbon economy needed? How can industries incorporate this new model for a sustainable future?
  • What integrated solutions are needed to make the transition to CCE profitable?
  • How are organizations overcoming the challenges of adopting CCE?
  • What engines can accelerate the development of innovative strategies for the CCE and meet the technological challenges to achieve climate goals?
  • What are the roles of regulators and financial institutions in promoting the circular carbon economy and creating the right ecosystems?
  • How can the manufacturing sector benefit from the circular carbon economy approach?

Agenda

16:00 – 16:05 KSA: initial comments

16:05 – 16:30 KSA: Main Ministerial Interview

HRH Prince Abdulaziz bin Salman Al Saud, Minister of Energy, Saudi Arabia
16:30 – 17:15 KSA – Roundtable: The Circular Economy of Carbon in Manufacturing: A Growing Concept

A group of industry leaders and experts will discuss how the manufacturing and production sectors will benefit from the potential of the circular carbon economy, from carbon capture, use and storage (CCUS) to hydrogen and renewable energies. Hear how these sectors can integrate CCUS to help rebalance the global carbon cycle, meeting the growing need for products in an efficient but sustainable way.

17:15 – 17:55 KSA: Case Study: Practices: Are You Ready for the Circular Carbon Economy?

17:55 – 18:00 KSA: Concluding remarks

Some of the key questions addressed include:

  • Why is a circular carbon economy needed? How can industries incorporate this new model for a sustainable future?
  • What integrated solutions are needed to make the transition to CCE profitable?
  • How are organizations overcoming the challenges of adopting CCE?
  • What engines can accelerate the development of innovative strategies for the CCE and meet the technological challenges to achieve climate goals?
  • What are the roles of regulators and financial institutions in promoting the circular carbon economy and creating the right ecosystems?
  • How can the manufacturing sector benefit from the circular carbon economy approach?

Agenda

16:00 – 16:05 KSA: initial comments

16:05 – 16:30 KSA: Main Ministerial Interview

16:30 – 17:15 KSA – Roundtable: The Circular Economy of Carbon in Manufacturing: A Growing Concept

A group of industry leaders and experts will discuss how the manufacturing and production sectors will benefit from the potential of the circular carbon economy, from carbon capture, use and storage (CCUS) to hydrogen and renewable energies. Hear how these sectors can integrate CCUS to help rebalance the global carbon cycle, meeting the growing need for products in an efficient but sustainable way.

17:15 – 17:55 KSA: Case Study: Case Study: Are You Ready for the Circular Carbon Economy?

17:55 – 18:00 KSA: Concluding remarks

Speakers

  • HRH Prince Abdulaziz bin Salman Al-Saud, Minister of Energy, Saudi Arabia
  • Ibrahim Almojel, CEO of the Saudi Industrial Development Fund
  • Seifi Ghasemi, President, President and CEO of Air Products
  • Jennifer Holmgreen, chief executive of LanzaTech
  • Pat Thaker, editorial and regional director MEA, The Economist Intelligence Unit (EIU)
  • Vijay Vaitheeswaran, global editor of energy and climate innovation, The Economist

If you are unable to attend on August 11, you can register your details and you will receive the a la carte version after the event. If you have any questions or need further assistance, please contact [email protected]

Places are limited, so book your place online today here.

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