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
  • Insights

Europe’s ETS windfall should fund clean industry market making

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  • 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
  • Events

Reuters Events: Global Energy Forum 2026 | coming soon

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Reuters Events: Global Energy Forum 2026 brings together 600+ senior leaders from across energy, finance, technology and policy to address the decisions reshaping global energy markets.
  • Newsletter

Signal | Issue 33 | June 2026

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A rare bit of positive news in a turbulent year: clean industry investment is accelerating. Data from our newly-published Global Project Tracker update shows that 19 commercial-scale clean industrial projects reached final investment decision in the past six months – more than double the pace of a year ago.

More to Explore

  • Newsletter

Signal | Issue 31 | April 2026  

Recent geopolitical shocks are making the case for accelerating clean industry development increasingly clear. As we prepare to publish the

  • Press Release

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

Fast-tracking the Green Industrial Revolution: new toolbox for G20 governments

Fast-tracking the Green Industrial Revolution: new report reveals toolbox for G20 governments to unlock boom in low-carbon fertilisers, fuels, and

  • Insights

To connect or not to connect: Demystifying hydrogen power procurement options, risks, and opportunities

Introduction Electrolytic or “green” hydrogen has garnered significant interest for its potential to reduce emissions across industrial sectors such as

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