Mission Possible Partnership’s Post

Decarbonising heavy industry is critical to achieving global climate goals, yet many sectors lag behind due to limited demand for low-carbon alternatives. MPP CEO and ITA Executive Director, Faustine Delasalle, discusses this topic in an interview with edie, explaining we cannot achieve 1.5°C targets without addressing emissions from sectors like cement, steel, and chemicals. Mission Possible Partnership is driving systemic change. At #COP29, we shared the latest insights from our #GlobalProjectTracker, unveiling progress on the global pipeline of 700+ low-carbon facilities needed to reach our climate targets. The challenge we're facing is that many of these projects face delays due to policy gaps and lack of bankable investment frameworks. The solution? Governments must create demand-side incentives to make these projects viable, supported by private finance. The 'Green Demand Policy Playbook' developed by our Industrial Transition Accelerator (ITA) team outlines concrete steps to accelerate action, including: 📌 Setting mandatory quotas for low-carbon fuels 📌 Setting mandatory targets for low-carbon materials in public procurement, with a focus on cement, concrete and steel 📌 Setting stringent and progressively increasing limits on whole-life carbon emissions for buildings and key products With over 300 global partners, MPP is enabling collaboration at scale to transform heavy industry for a sustainable future. Explore the edie article here: https://lnkd.in/eUwUzp5V How do you see demand policies shaping the future of your sector? #MissionPossible #Decarbonization #ClimateAction #GreenPolicy #Sustainability