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 | 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

Bright Spots

05 Jan 2026

Repsol Ecoplanta | Spain

Repsol’s Ecoplanta project in Tarragona reached final investment decision (FID) in January 2025 and will pioneer the commercial-scale production of

Reports

01 Nov 2024

Global Project Tracker: mapping clean industry | report

The Global Project Tracker was launched in April 2024 to monitor the global decarbonisation progress of seven heavy industry and transport sectors,

Bright Spots

05 Jan 2026

China Hongqiao Group | China

With close to 6.5 Mtpa of primary smelting capacity, China Hongqiao Group is one of the world’s largest aluminium producers.

Bright Spots

05 Jan 2026

LONGi Green Methanol | China

As one of the world’s leading solar suppliers LONGi has transformed the way electricity isgenerated worldwide. Originally founded as a