Reaching net zero: Industry public-private partnerships

The document highlights the necessity of public-private collaboration to decarbonize heavy industry, which contributes approximately 30% of global CO2 emissions. It identifies the Leadership Group for Industry Transition (LeadIT), launched by Sweden and India, as a key arena for international cooperation toward net-zero emissions by 2050. The brief examines specific policy tools such as green public procurement, carbon contracts for difference, and carbon border adjustments, while referencing implementation experiences in countries including South Korea, Denmark, Sweden, Canada, and the UK.

• Industrial activity is responsible for approximately 30% of global CO2 emissions, and these emissions are increasing as more countries undergo industrialization, necessitating sharp reductions to meet the Paris Agreement goal of limiting warming to well below 2°C.
• The Leadership Group for Industry Transition (LeadIT), launched in September 2019 by Sweden and India with support from the World Economic Forum, serves as a collaborative platform for countries and companies to pursue net-zero carbon emissions by 2050 through sectoral learning and innovation.
• Decarbonizing 'hard-to-abate' sectors—such as steel, cement, aluminium, chemicals, plastics, metals and mining, aviation, and heavy-duty transport—requires systemic shifts supported by government subsidies, high carbon prices, and robust public-private partnerships.

APA

Stockholm Environment Institute (2021). Reaching net zero: Industry public-private partnerships. https://www.sei.org/publications/reaching-net-zero-industry-public-private-partnerships/

Chicago

Stockholm Environment Institute. Reaching net zero: Industry public-private partnerships. 2021. https://www.sei.org/publications/reaching-net-zero-industry-public-private-partnerships/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Reaching net zero: Industry public-private partnerships |date=28 May 2021 |url=https://www.sei.org/publications/reaching-net-zero-industry-public-private-partnerships/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2021reaching, author = {{Stockholm Environment Institute}}, title = {{Reaching net zero: Industry public-private partnerships}}, institution = {Stockholm Environment Institute}, year = {2021}, month = may, url = {https://www.sei.org/publications/reaching-net-zero-industry-public-private-partnerships/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }