Transforming Chemicals

Transformation of the most widely used chemicals | critical factors

Ammonia: scaling up the use of green hydrogen production, with smaller roles for blue hydrogen and alternative pathways like methane pyrolysis and biomass-based hydrogen
Methanol: replace natural gas with a clean energy source such as green hydrogen or biomass; use synthetic CO2; capture process emissions
High-value chemicals like plastics: use alternative production methods such as bio-ethanol dehydration; capture and store cracker emissions; and increase recycling to reduce the need for virgin plastic production

Global burden of ammonia production

Industry-endorsed strategy for ammonia

In 2022, we developed an Ammonia Sector Transition Strategy in collaboration with a diverse set of industry leaders. This provides a shared vision for a clean ammonia future, modelling of pathways, real economy milestones and the industry, policy and finance actions required to get there. Assumptions have not been updated since publication, but the STS still represents a quantitative reference point.

Sector Transition Strategy documents

Report | Making net-zero ammonia possible 

Industry-backed 1.5°C aligned transition strategy download

Pathways to net zero interactive modelling
Model code github

Sponsored by: Energy Transition Commission, RMI, We mean business Coalition, World Economic Forum

Global Project Tracker | latest in-depth data

Further reading | Chemicals

Reports

Steel’s transformation 철강 산업의 대전환 | report

12 Aug 2026

CBAM│clean industry│low-carbon│steel

Korea is one of a number of countries across the East Asian region where the steel sector is facing a pivotal moment, this is the first in a series of reports where we examine the opportunities for countries to reinforce the foundations of their industrial strength.

Steel’s transformation | Korean report 2026 | English download

철강 산업의 대전환 | Korean report 2026 | Korean download

Events

Steel’s Transformation Moment │ 13 August 2026

20 Jul 2026

APAC│Events│steel

13 August 2026 | Korean Chamber of Commerce and Industry

Mission Possible Partnership and the Korea Chamber of Commerce and Industry are hosting a dialogue on the core enabling conditions needed to commercialise low-carbon steel production in Korea.

Insights

Europe’s ETS windfall should fund clean industry market making

16 Jul 2026

clean industry│Europe│Global Project Tracker

The European Commission is deliberating a revision of the European Trading System – the flagship instrument of climate policy
Lobby groups are pushing hard to extend the free credit allowances and push back the 2040 horizon. This is a crucial juncture
Europe’s resilience and competitiveness are at stake
Europe’s growing ETS revenue can be redirected to mechanism that create demand certainty and unlock clean industrial investment

More to Explore

Press Release

31 Mar 2023

New Executive Co-Chair, Jessica Uhl announced, with Faustine Delasalle appointed Executive Director

Jessica Uhl appointed MPP Executive Co-Chair and Faustine Delasalle appointed Executive Director of MPP Global Geneva, London, Washington DC – The

Reports

01 Jun 2025

Clean industry: transformational trends | report

The third edition of the Global Project Tracker is now live. As the latest analysis shows, clean industries are central

Press Release

08 Jun 2026

Clean industry financing doubles as countries move to strengthen supply chains

London, 8th June 2026 – Clean industry plants are securing finance at their fastest pace yet, as countries and companies

Press Release

01 Oct 2024

Mission Possible Partnership appoints Dick Benschop as Chair of the Board

Tuesday 1st October, Washington, DC; The Hague: Mission Possible Partnership (MPP) announces the appointment of Dick Benschop as the new