Transforming Shipping

Transformation of the shipping industry is scaling of clean fuels | critical factors
  • Clean 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.
  • Clean methanol: replace natural gas with a clean energy source such as green hydrogen or biomass; use synthetic CO2; capture process emissions.

Robust demand from shipping can de-risk business cases for green hydrogen production that can serve multiple industries.

Global burden of shipping fuels

Industry-endorsed strategy

In 2021, we developed a Shipping Transition Strategy in collaboration with a diverse set of industry leaders. This provides a shared vision for a clean shipping 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 shipping possible

Industry-backed 1.5°C aligned transition strategy download

Global Project Tracker | latest in-depth data

Further reading | Shipping
  • Reports

Steel’s transformation  철강 산업의 대전환  | Korea report

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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

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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

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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

More to Explore

  • Press Release

New MPP global project tracker reveals heavy industry transition has started but needs to accelerate sevenfold to meet 2030 climate targets

Tracker maps announcements, final investment decisions and operations of net-zero-aligned projects across critical industrial sectors globally. The pipeline is growing, but rapid acceleration is needed. MPP urges collective action by governments, companies, and financial institutions to unlock investment barriers and fast-track progress.

VISIT | Global Project Tracker

  • Reports

Clean industry: transformational trends | report

New ‘industrial sunbelt’ set to overtake the world’s biggest economies in clean industry race

  • Bright Spots

Repsol Ecoplanta | Spain

Repsol Ecoplanta is turning waste into renewable methanol at Europe’s first circular commercial plant, demonstrating a new model for chemicals and fuels.

Read the full case study on our Build Clean Now campaign website
Bright Spot | Repsol

  • Press Release

New ‘industrial sunbelt’ set to overtake the world’s biggest economies in clean industry race

China remains the frontrunner in clean industry development, securing a quarter of the $250 billion of investment in clean plants to date, closely followed by the US at 22% and the EU at 14%. But a block of emerging markets including India, Egypt and Brazil, part of the ‘new industrial sunbelt’, is quickly catching up.

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