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DDG Paugam: WTO system can serve as insurance policy for green steel investors

In a keynote speech to a steel industry conference on 10 July, Deputy Director-General Jean-Marie Paugam emphasized the critical role of the WTO as an insurance policy for investment decisions in steel decarbonization. Highlighting the global imperative to shift to net zero, DDG Paugam called for innovative pathways and coordinated policies to secure a sustainable future for the steel industry. His remarks, shown below, were made at the 2024 World Steel Association Life Cycle Assessment (LCA) and Industrial Chain Collaborative Innovation Development Conference in Jiangyin City, China.

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