Approximately half of the world's production of energy-intensive raw materials takes place in China, making the country pivotal for global industrial transformation.
The European Green Deal provides a foundation for a climate-neutral industry but needs to be complemented with accelerated development of key infrastructure and markets for clean products.
The industrial transformation towards climate neutrality is a cross-sectoral innovation programme that fundamentally redesigns many areas of the economy.
As industrial products are traded internationally, multilateral collaboration and coordination of policies and standards are necessary to drive industrial transformation across regions and levels of economic development.
With its vast renewable energy potential and abundant natural resources, South Africa is one of the countries with the greatest potential for developing a renewable hydrogen economy.
The fast economic growth and increasing demand for energy-intensive raw materials in Southeast Asia underline the need for an industrial climate policy framework and investments in low-carbon technologies.
An economy built on carbon-intensive industries, South Korea needs to rapidly transform its manufacturing sector to reach climate neutrality by 2050 and to maintain its global competitiveness.
