Cross-Industry Net Zero Readiness
Low-emission technologies have emerged, and demand signals are rising, but more decisive action is required to progress the infrastructure, policies and capital enablers
Technologies to enable low-emission production are expected to reach commercial readiness by 2030; driving costs down to accelerate wide-scale adoption is the priority.
Infrastructure to enable low-emission production must grow significantly to meet industry needs - risks of bottlenecks exist if investments lag.
Enabling infrastructure for net-zero industries will require twice as much investment as production assets.
Unlocking demand for low-emission products - despite green premiums - is critical to incentivize investments.
Targeted policy action by sector is required to level the playing field for low-emission producers.
Capital of about $2.1 trillion is needed to transform industries' asset base for net zero, but investment business cases are generally too weak to attract the required private funding.