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This report by RMI outlines a strategic framework—focused on competitiveness, constraints, and coordination—to accelerate energy transition investment in the Great Lakes region. It argues that while the region possesses significant industrial legacies and innovation assets, it faces structural hurdles such as slow population growth, labor shortages, and a lack of cohesive industrial strategies. The document proposes that states move beyond simple investment attraction toward coordinated industrial policies, leveraging federal incentives from the IRA, IIJA, and CHIPS Act to build regional clusters in sectors like EV batteries, low-carbon steel, and sustainable fuels.

This policy brief, produced as part of T20 2023 hosted by India, outlines the role of the G20 and international financial institutions (IFIs) in facilitating the global transition to low-carbon steel production, specifically to ensure the inclusion of developing and emerging economies.