Clean industry is entering a new phase of momentum, with 1,001 commercial-scale projects now recorded across all stages of development. This marks strong growth across multiple sectors and regions despite ongoing geopolitical headwinds.
Clean industry is entering a new phase of momentum, with 1,001 commercial-scale projects now recorded across all stages of development. This marks strong growth across multiple sectors and regions despite ongoing geopolitical headwinds.
The fourth edition of the Global Project Tracker is now live. As the latest analysis shows, we are on the cusp of a clean industrial revolution and for the first time the Global Project Tracker records more than 1,000 commercial-scale clean industrial plants in development across the world’s most energy-intensive industries.
Momentum is building, technological progress, policy development and corporate experimentation have got us to more projects passed final investment decision (FID) than ever before and marks a significant change of pace.
Explore this new analysis to see the trends in detail, including country and sector progress with improved coverage of China, analysis of the projects progressing along the announced pipeline and the views of project developers themselves. Download report | Clean industry: dawn of a new era
New data published in MPP’s Global Project Tracker, supported by the ITA, reveals 144 commercial-scale projects worldwide have now reached final investment decision (FID). Of these, 82 are operational and 62 have secured funding, spanning the most energy-intensive sectors: aluminium, cement, chemicals, fuels for aviation and shipping, and steel.
The Global Project Tracker data identifies clean industrial plants in development or operational across 70 countries, representing nearly $2 trillion in remaining investment potential.
It’s taken nearly a decade to reach this point. With a record number of operational and under construction plants across all sectors, clean industry is no longer a vision for the future, it is a burgeoning opportunity we can speed up today. Building on the leadership of many companies around the world, governments and investors have a unique opportunity to turn today’s plans into plants, which together will make up tomorrow’s global clean industrial economy. Those who demonstrate strategic foresight and unwavering commitment to the clean industrial transition stand to reap its benefits.
Faustine Delasalle
Mission Possible Partnership CEO and Executive Director of Industrial Transition Accelerator
The ‘new industrial sunbelt’, a region rich in renewable energy resources spanning Latin America, Australia, Africa and Asia, claims the largest share of this opportunity, with India now home to the world’s third-largest clean industry pipeline and Brazil not far behind.
Download report | Clean industry: dawn of a new era
Press release | A new dawn for industry with over 1,000 clean projects in development worldwide, setting the stage for near-term acceleration
Learn more | Global Project Tracker
Mission Possible Partnership | MPP
Mission Possible Partnership (MPP) is an independent non-profit organisation advancing global clean industry transformation. Since 2019, we have been working with some of the most energy-intensive industries: aluminium, aviation, cement, chemicals, shipping and steel, to cut their nearly 25% of global GHG emissions.
We mobilise business, finance, government and civil society leaders to speed up the shift to clean materials, chemicals and fuels. Having charted sectoral pathways to net-zero, we continue to forge new territory, lifting the barriers to enable a critical mass of clean industrial projects to break ground by 2030.
Industrial Transition Accelerator | ITA
The ITA is a global multi-stakeholder platform -managed by Mission Possible Partnership – to fast-track decarbonisation across heavy-emitting industry and transport sectors. It aims to significantly grow the pipeline of commercial-scale, clean industrial projects to reduce emissions by 2030.
Build Clean Now | BCN
Build Clean Now is a global campaign bringing together governments, companies and finance to accelerate the pace at which clean industrial projects are financed and built, year-on-year. It is led by the Industrial Transition Accelerator (ITA) and Mission Possible Partnership (MPP).
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