Exploring how different geographies and industries can accelerate investment decisions in the project pipeline, to bring the heavy-emitting industry and transport sectors on track and drive progress towards 2030 targets.
Exploring how different geographies and industries can accelerate investment decisions in the project pipeline, to bring the heavy-emitting industry and transport sectors on track and drive progress towards 2030 targets.
Mission Possible Partnership (MPP) launched the new Global Project Tracker in April 2024. Mapping
investment in the pipeline of necessary decarbonisation projects across seven heavy industry and transport sectors that cause 30% of all global emissions, data from the Tracker demonstrated that although industrial decarbonisation has started, work must be accelerated to deliver a further 600 commercial-scale decarbonisation projects to final investment decision (FID) over the next few years and bring the so-called ‘harder-to-abate’ sectors in line with their end of decade milestones for net-zero 2050.
This latest insight briefing, derived from further study of the Tracker, explores how different geographies and industries can accelerate investment decisions in the project pipeline, to bring the heavy-emitting industry and transport sectors on track and drive progress towards 2030 targets. It builds on the growing body of evidence contained within the map to reveal the progress that is already being made in certain sectors and regions and to explain what is driving the early markets for clean industrial products.
Download report | Global Project Tracker: levers of acceleration driving progress in the project pipeline
MPP has observed how these levers have supported the development of critical projects in specific geographies and driven their progress towards investment. Enabling levers are also helping the development of early stage markets for decarbonised industrial products, in particular sectors and geographies, as they move from their ‘market formation’ phase – with investment in single first-of-a-kind (FOAK) projects – towards acceleration and scale-up, and the delivery of the next wave of decarbonisation projects. These observations are captured within a series of case studies.
Download report | Global Project Tracker: levers of acceleration driving progress in the project pipeline
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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