At the global climate action summit recently held in Dubai, known as COP28, the aluminum industry set an ambitious goal: to achieve 100% recycling of beverage cans made of this material by 2050. This initiative is part of efforts to increase circularity in sectors that are responsible for high greenhouse gas emissions.
Global demand for aluminum is expected to increase by 40% by 2030. To meet this ambitious goal in a sustainable manner, it is necessary to increase the production of carbon-free aluminum with traceable emissions. Therefore, it is important to transition to low-carbon recycled aluminum production, as it uses only 5% of the energy required in virgin aluminum production.
In addition, according to a recent report, recycling used aluminum cans can have a major impact on reducing greenhouse gas emissions. It is estimated that within seven years, up to 60 million tons of carbon dioxide equivalent could be reduced if an adequate and global recycling process of these used cans is carried out.
Undoubtedly, this is an ambitious and significant goal. The aluminum industry is working to increase aluminum beverage can recycling rates. According to the Beverage Can Association, the beverage can recycling rate in Spain was above 72% in 2021.