Leadership Group for Industry Transition (LeadIT)

🚀 Our latest newsletter is out 🚀 If you want to keep on top of industry transition topics then it's a quick roundup of LeadIT's work and comes out every quarter. 🔍 for December discover more about ☑️ the first 5 years of LeadIT ☑️ research into green hydrogen and green steel in the EU ☑️ our new members ☑️ LeadIT at COP29 in Baku find it here👇 https://lnkd.in/dG-cFA4x #ParisAgreement #NetZero #Steel #Cement #GreenTransition

"Evidence based climate diplomacy" a perfect way to describe the work of LeadIT from Felipe Sánchez who leads on our country partnerships work. The LeadIT secretariat is hosted by SEI giving us access to world class research. Take a look 👇

More powerful news 🔌 In a long-term agreement with Uniper we have have secured a yearly supply of electricity ranging from 2027-2032, covering a total of 6 TWh. Significant volumes of electricity are needed to power our 700MW electrolysis plant that will generate green hydrogen, which in turn will reduce iron ore to green sponge iron that will feed the steel production at our plant in Boden. Through this collaboration with Uniper, we have secured another important component of our plant's electricity supply. Read more about the news at our website!

🌱 Steel giant Arcelor Mittal’s decision to delay investment in several green projects in Europe underlines how important #GreenHydrogen is to decarbonizing the sector.   The company says hydrogen isn’t evolving quickly enough and also blames unfavourable European policy and market environments. Want the bigger picture? LeadIT’s green steel tracker shows a spike in the next 5 years of planned projects in Europe relying on hydrogen. Discover how this matches up to EU planned capacity for renewable energy and hydrogen and implications for policymakers 👇 Aaron Maltais Eileen Torres-Morales Jindan Gong https://lnkd.in/d5WkBkrj

Post #COP29 in Baku there are so many reflections and ideas to process for the future. But first some of our COP headlines: ✅ An anniversary The Leadership Group for Industry Transition was born out of the ambition of the 2019 UN Climate Action Summit in New York and at COP29 Azerbaijan the Group celebrated five years together. A milestone which coincides with a vital shift in work from creating momentum in hard-to-abate industries towards real global action as a public private co-operation platform. The need for both #leadership and private sector engagement is even more crucial now to achieve net zero.   ✅ New members The growing ambition, scale, and geographical spread of LeadIT is seen in our expanding membership with six new companies joining in 2024. At COP29 Ashok Leyland and World Energy GH2 were announced.  Ashok Leyland will add strength in the transport sector both in its value chain and sector transformation. More than 90% of the world’s transport energy still comes from fossil fuels. The transatlantic vision for #GreenHydrogen of Canadian-based company World Energy GH2 provides the prospect of a decarbonized future in heavy industry.   ✅ Members meeting LeadIT member companies, amongst them Tata Group (Steel), Tata Motors, Steel Authority of India Limited, Dalmia Bharat Group, SSAB and Vattenfall met in the first week together with State Secretary, Håkan Jevrell,Regeringskansliet, Utrikesdepartementet and Additional Secretary, Naresh pal Gangwar MoEF&CC. Discussions focused on equal partnerships, pilots on the ground, technical co-development, urgency and ambition.      ✅ An update on the India Sweden Industry Transition Partnership (ITP) presented by Rajasree Ray, Economic Adviser, Indian Ministry of Finance and State Secretary, Daniel Westlén Regeringskansliet, Klimat- och näringslivsdepartementet. The ITP is a deepened partnership within the LeadIT framework taking a whole-of-government public-private partnership approach. It has a focus on steel and cement with working groups on innovation, finance and carbon markets and has made promising progress with a real pipeline of projects emerging. Next stop is #COP30 in Belem, Brazil..     ✅ The LeadIT summit for member countries and companies Co-chaired by Sweden's Climate & Environment Minister, Romina Pourmokhtari and Indian Union State Minister for Environment, Kirti Vardhan Singh. The focus was on domestic achievements but also the progress of international co-operation. The UN Secretary-General’s special envoy Selwin Hart urged the group to move faster as well as widen and broaden public private engagement and act with urgency for a #JustTransition.   Per Andersson Felipe Sánchez Arati Davis Helen Ågren Ruchika Drall

🌱 Stockholm based and interested in how the #cement industry can build sustainable supply chains?... then check out this event happening tomorrow. Hosted by LeadIT members Vattenfall and Cemvision with keynote speaker Annika Ramsköld. On the panel to discuss the challenges of bringing green innovations to market are Claes Kollberg (Cemvision), Anna Denell (Vasakronan), Daniel Boero Vargas (WEF) and Daniel Gyllenhammar(SWECO). Moderated by Anna S Jaison. Stimulating demand for green products is an essential part of the industry decarbonization story. 📅 26 November ⏰ 17.30 - 20.00 CET 📍 Norrsken House, Stockholm 🔗 https://lnkd.in/dhr4KRnF

Thanks to SaltX for a great collaboration on the cement delegation visit, as members of LeadIT and of course on the film. Together we are stronger 💪

We were honoured to have Romina Pourmokhtari, Minister for Climate and Environment, Regeringskansliet, Klimat- och näringslivsdepartementet and Kirti Vardhan Singh, Ministry of Environment, Forests & Climate Change, Government of India launch our 5 year report at the LeadIT Summit in Baku, #COP29 The Summit is a chance for a stocktake with members about progress in global heavy industry decarbonization and to talk about priorities for the future. More details to follow. But you can read about the 5 year report and download it here 👇 https://lnkd.in/d6yKaADp

🇮🇳 🇸🇪 We are very proud of LeadIT's partnership between India and Sweden to accelerate the decarbonization of #steel and #cement 🌍 This sort of country to country model can be applied globally and offers the prospect of powerful support to middle and low income countries for a just and equitable transition. Discover in The Economic Times how the India Sweden Industry Transition Partnership (ITP) is promoting #innovation, working to mobilise #finance and creating the right conditions for scalable decarbonization. The article is written by the Swedish Ambassador in India Jan Thesleff and Ankit Todi, the Chief Sustainability Officer Mahindra Group 🔗 https://lnkd.in/dJuu8RRT

⏰ Our time in Baku at #COP29 is coming to an end but tomorrow we'll host our final event - the LeadIT high level ministerial Summit. Every year at COP the Summit is an opportunity for governments and industry to discuss decarbonization, public-private partnerships and innovation, policies, and commitments that align heavy industry with the goals of the #ParisAgreement. This year as we mark 5 years since LeadIT started in 2019 it also provides a vital opportunity to reflect on our collective journey in fostering transparency and collaboration across the globe for industrial decarbonization.  Whilst also looking ahead to the works that is still needed on the road to #netzero 📅 20 November 📍 Blue Zone, COP29, Baku - by invite only We're delighted to welcome Shri Kirti Vardhan Singh, Minister of Environment, for India and Romina Pourmokhtari, Minister of Environment, Sweden as co-hosts of LeadIT to open the Summit. And Selwin Hart, Special Adviser to the UN Secretary-General on Climate Action and Just Transition to give his special remarks. find out more 🔗 https://lnkd.in/emGK4Bmt