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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.
A new report from Mission Possible Partnership, Clean Industry Rising: the foundation of resilient value chains, supported by the Industrial Transition Accelerator, published alongside its latest Global Project Tracker, reveals that 19 clean industry projects reached final investment decision in the past six months – more than double the rate recorded a year earlier and worth an estimated $43 billion.
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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