Climate Policy Lab’s Post

NEW | "Decarbonizing industrial hubs and clusters: Towards an integrated framework of green industrial policies" by Soyoung Oh and Mohammed Al-Juaied The case studies in the UK, Belgium, and the Netherlands highlight the importance of carbon pricing mechanisms to crowd in private investments, providing strong signals for structural change to different stakeholders across the value chain. As industrial decarbonization faces unique challenges due to its complex value chain and the need for supportive infrastructure, government support for the infrastructure is essential to complement the private sector's efforts in the early stages. A well-designed mix of demand-pull and supply-push policy instruments is crucial for achieving industrial decarbonization, taking into account each country's existing domestic assets, financial capacity, and geography. Read their full publication for Energy Research & Social Science: https://lnkd.in/eF7SCJN6

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