Mission Possible Partnership

Fast-tracking the Green Industrial Revolution is Mission Possible! ?????? A new report by Mission Possible Partnership and Bezos Earth Fund reveals a toolbox of instruments for G20 governments to unlock a boom in low-carbon fertilisers, fuels, and essential materials within 10 years. The report, ‘Unleashing Market Forces to Scale Green Industry: The Role of Green Market Makers’, is published today at ‘Green Markets Day’ at #ClimateWeekNYC and demonstrates: - Economies of scale for green commodities can be achieved within a decade pushing them closer to parity with fossil-based equivalents. - G20 countries can accelerate the uptake of low-carbon products whilst optimising use of public funds and ensuring future industrial competitiveness. - #GreenAmmonia, #SustainableAviationFuels, #GreenSteel, and low-carbon cement markets are identified as priorities for rapid expansion through ‘Green Market Makers’.? The report has been developed by a working group comprising MPP and Bezos Earth Fund alongside RMI, Systemiq Ltd., Bain & Company, Center for Green Market Activation (GMA), H2Global Foundation, J.P. Morgan, and Morrison Foerster. Among the different mechanisms available, Green Market Makers (GMMs)—innovative intermediaries between sellers and buyers—are revealed as one of the most efficient ways to deploy public funds for scaling up industry transitions.? GMMs are deemed a ‘game-changer’ for green ammonia, sustainable aviation fuels (SAF), green steel, and low-carbon cement, capable of fast-tracking low-carbon commodity markets – comprising products that are essential building blocks of a decarbonised economy, on which agriculture, green buildings, green manufacturing, and other industries will rely.? ? The full report provides a toolbox for policymakers, industrial companies, and financial institutions, urging the deployment of GMMs with government-backed funds as a critical way to catapult early markets for low-CO2 solutions. Explore the full findings and download the report here: https://lnkd.in/eQrqrzHc #UnleashGreenMarketMakers #GreenMarketsDay24

Friends, it's not game over, it's game on. ? The changed political reality will not change the scientific reality: the climate emergency is here and now. ? The US election result will be seen as a setback to global climate action, but the transformation remains unstoppable. What we need to focus on now is speed and scale, but not direction. ? COP29 is still 'game on': The need for trillions in climate finance has not disappeared, neither has the urgency to phase out fossil fuels, nor the imperative for multilateral cooperation. We need Baku to deliver the building blocks towards Belém... ?? BUILD TRUST: By delivering a high ambition New Collective Quantified Goal (NCQG) in line with 1.5C which goes beyond the $100 billion to meet the needs of EMDEs ??? BUILD THE HIGHWAY: For private finance through investable, 1.5-aligned NDCs ?? BUILD THE SYSTEM: By reforming the international finance architecture (including reformed MDBs) to ensure a just transition and leave no one behind Please read our insights pack as an offer of support, which has been prepared in collaboration with our Mission2025 partners Energy Transitions CommissionEmberCaroline RandleMission Possible PartnershipSystemiq Ltd.Global OptimismFiona MacklinJennie DodsonElisa LeimerAnthony HobleyHigh-Level Climate ChampionsHannah Z.Freya NewmanMichael SecklerEllie FallonKingsmill BondPHIL DREWRobin KnightKerri McCartonGeorgina JenkinsDanielle MagalhaesKay MerceIan PonceThéo GrainzevellesKate LevineVicki HardingNigel Topping, CMGAmbition LoopGonzalo Mu?oz Abogabir CMG

The Sustainable Innovation Forum 2024 is returning for its 16th annual edition this week during #COP29. Organised by Climate Action and other leading global partners, it brings together 1,000 global sustainability leaders across all sectors including business, heavy industry, finance, government and civil society to promote transformative innovation and tangible climate action to help us go further, faster together. Despite strong commitments at COP28, increasing regulation in Europe and incredible technological advancements the world over, we are still falling far short of the required scale and speed necessary to rewire the global economy and stabilise the world’s climate at 1.5°C. The event forms the flagship forum of the Climate Action Innovation Zone and will be a deep dive into challenges, and an opportunity to share successes and collaborate on solutions. The Forum does not require Blue Zone accreditation, ensuring an inclusive platform and gathering for all key stakeholders and decision makers. It's not too late to register and join us in creating a sustainable and climate-resilient world. How to Register: Mission Possible Partnership is delighted to have a 25% discount for our network to attend, use code MPP25OFF. Register today: https://bit.ly/3Yxls3Z

We're gearing up for #COP29 next week. MPP & the Industrial Transition Accelerator (ITA) will be leading the debate with a series of sessions. Co-hosted with Breakthrough Agenda, we're taking to the main stage on Thursday 14th for some important announcements and a discussion on the urgent need for a new level of international collaboration.

In the latest issue of Signal from MPP we highlight work happening from South America to Europe, in partnership with others, to help accelerate the global drive towards industrial decarbonisation: 1. An update on the Industrial Transition Accelerator (ITA)’s ambitious regional partnership in Brazil which is moving forward at pace. 2. A deep-dive on Project SkyPower’s economic assessment of the potential for e-SAF in Europe stressing the need for urgent action to grow production. 3. Plans to drive the discussion on industry and transport #decarbonisation at #COP29 in Baku with events from the ITA and MPP, plus the latest #GlobalProjectTracker update.

“We need to act now ... It’s a no brainer!” Listen to Claude Lorea – Director of Cement, innovation and ESG at the GCCA – Global Cement and Concrete Association – as she talks about the need for industrial #decarbonization targets. ? We need “push and pull” – the push of carbon pricing, but also #greenprocurement measures to pull demand for low-carbon products. Investment in R&D for greener #cement and #concrete will be critical. ?? The UNIDO-led Net Zero Partnership for Industry Decarbonization programme has developed a Support Package to help countries include industry-specific targets and plans in their new climate commitments (#NDCs 3.0). ?? Discover more here: https://lnkd.in/edxMgs2m #IndustriesInNDCs #IndustryForClimate #ClimateAction #ClimatePromise #ParisAgreement #ActNow #COP29 #IDDI NDC Partnership, UNDP Climate, WRI Climate, Global Matchmaking Platform, Federal Ministry for Economic Affairs and Climate Action, International Climate Initiative, NIM - The Net-Zero Industries Mission

Industry leaders Marjan Rintel, Amy Hebert and Paul Polman, have come together to form Project SkyPower, an urgent mission to make e-SAF a commercial reality this decade and secure a lower emissions future for the aviation industry. Europe has a once-in-a-generation opportunity to become a global leader in e-SAF technology. By scaling this innovative fuel, we can unlock commercial benefits, create new jobs, and secure the future of the 14 million jobs already tied to aviation. The e-SAF industry presents a potential €80+ billion market opportunity in Europe by 2050. Beyond aviation, this breakthrough fuel will have spillover benefits for the decarbonisation of industries like shipping, steel, and fertiliser production. Let’s seize this chance to lead the way globally. #ProjectSkyPower #EuropeanLeadership #GreenEnergy #FutureOfAviation Air France-KLM Arcadia eFuels

OUT NOW ?? The 2024 Business Breakthrough Barometer by WBCSD – World Business Council for Sustainable Development provides a warning from business leaders across 11 critical sectors, that without long-term investment-positive government policies, the next wave of large-scale investments in the net zero transition is at risk ?? . The report is the first annual pulse check from leading businesses on the opportunities and challenges of the net zero transition, and where governments need to focus effort to create stronger market incentives. Released ahead of the COP29 climate summit ??, this is a call for Governments to act now with bold policies to enable this new wave of opportunity. Read the full report and sector breakdowns ?? www.wbcsd.org/barometer This report was launched with the support of Bain & Company, Breakthrough Agenda, the Marrakech Partnership and Race to Zero. #BusinessBreakthroughBarometer #COP29 #BusinessAction #NetZero

We have less than two years to get first large-scale e-SAF projects to Final Investment Decision (FID) in order to meet 2030 e-SAF mandates. With the project development timelines shown, we need to start breaking ground on first large-scale e-SAF projects by 2026, hence FID needs to be reached by end of next year. Any delays could mean missing mandated targets for e-SAF production—jeopardising progress towards critical climate targets. Achieving this timeline is critical for reducing emissions from mid-to-long haul flights and securing Europe’s leadership in clean aviation technology. Project SkyPower’s report outlines vital actions needed to overcome barriers and achieve scale, ensuring Europe realises the strategic and climate benefits of e-SAF. Access the full ‘Accelerating the take-off for e-SAF in Europe’ report here: https://lnkd.in/dzxE2fJH Now is the time to act.. #eSAF #ProjectSkyPower #Aviation #FID

?? Global Energy Monitor & Leadership Group for Industry Transition (LeadIT) have just published some new data on the state of corporate climate targets in the #steel sector. Less than half of the the top 50 steel producers have a #netzero target. To speed up action, we need their business environment to incentivise climate action more than it does! Stay tuned as Mission Possible Partnership & Industrial Transition Accelerator (ITA) prepare to release new datapoints on the global pipeline of green industrial projects & new recommendations at #COP29! https://lnkd.in/e9T8GaU7