Five key insights from our clean industrial hubs in California and Texas which concentrate opportunity and distribute risk.
Five key insights from our clean industrial hubs in California and Texas which concentrate opportunity and distribute risk.
Our on the ground experience supporting project developers in California and Texas has led us to uncover five critical insights on how to unlock investment in green industrial projects globally:
View insights | Unlocking green industrial growth
Technology
An economically viable path to decarbonisation is in sight in some sectors.
Demand
Projects which rely on mandates progress faster due to an even playing field and longer-term demand certainty.
Infrastructure
Achieving decarbonisation goals for industry will require a rapid buildout of industrial assets and infrastructure.
Communities
Community engagement is critical to project success and innovative tools can elevate engagement.
Finance
Financiers must explore more innovative deal structuring to efficiently share risks in complex projects.
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.
Mission Possible Partnership has people and partners on the ground in North America, Brazil, Europe, the Middle East, North Africa, India and Asia Pacific.
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).
Holcim’s €400M OLYMPUS project in Greece is building a direct source-to-sink CCS value chain in the Mediterranean to capture 1 Mtpa of CO2 from an isolated cement plant.
Read the full case study on our Build Clean Now campaign website
Bright Spot | Holcim OLYMPUS
Heavy industry is on the brink of a major transformation. Developing low-emissions products and decarbonizing existing industrial facilities can increase domestic and global economies, protect energy security and resilience, create hundreds of thousands of jobs, and improve the quality of life for people across the planet by reducing pollution and supporting global climate goals.
Read | Unlocking first-of-a-find projects through Clean Industrial Hubs report
Endorsed by 50 global business leaders and a network of more than 700 financial institutions, the Industrial Transition Accelerator (ITA) has issued an open letter urging governments to use proven policy measures to stimulate demand for green products and better seize the potential of industrial decarbonisation
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