Study by the VDMA Competence Center Future Business
The German Engineering Federation (VDMA) sees carbon management as a pioneer for a climate-neutral future. This is according to a press release on the presentation of a new study on the subject by the VDMA Competence Center Future Business.
The industry association conducts trend research for its members via the VDMA Competence Center Future Business. The VDMA’s new future study is entitled “Carbon Management 2035”. According to the association, it examines the role of mechanical engineering and possible development paths.
Transition to a green economy
According to the VDMA, carbon management technologies play an important role in the reduction and management of CO2 emissions.
According to the VDMA, carbon management technologies are as follows: Carbon Capture and Storage (CCS), Carbon Capture and Utilization (CCU) and Carbon Dioxide Removal (CDR). The defossilization of the industry is an essential part of the transition to a green economy and the achievement of climate targets, writes the association.
The mechanical and plant engineering industry offers innovative technologies in times characterized by global climate change and the need to fundamentally transform industrial processes. According to the VDMA, the motto is “avoid, reduce, compensate”.
Holistic strategy recommended
The VDMA recommends a holistic strategy. According to the association, this is necessary in order to effectively combat climate change. Eric Maiser, Head of VDMA Future Busines, says: “A successful transformation requires a favorable political framework, the use and development of key technologies, a sustainable expansion of the energy and supply infrastructure and qualified specialists, particularly in the fields of environmental technology and sustainability management.” In addition, strong social support and an increased awareness of environmentally friendly action are essential.
Study with four scenarios
According to the VDMA, the “Carbon Management 2035” study looks at the most important factors from the perspective of the mechanical and plant engineering industry. The study also presents corresponding development opportunities and makes recommendations for action. The VDMA Competence Center Future Business collaborated with the Fraunhofer Institute for Systems and Innovation Research ISI on the study.
Four scenarios were developed as part of the future study. Anna Kirstgen from the Competence Center Foresight at Fraunhofer ISI explains her work: “We take a structured approach to possible futures by developing scenarios that depict possible developments. It is exciting to see how measures and options for action can already be derived today, providing orientation knowledge for robust future strategies.”
Source: www.kloepfel-consulting.com