Inside the Global Push to Decarbonize Industry
This video is part of: Centre for Energy and Materials
From green ports to hydrogen valleys, explore how the World Economic Forum’s Transitioning Industrial Clusters initiative is driving collaboration and shared action to foster economic growth, protect jobs, and reduce CO2e emissions.
Industrial clusters are geographic hubs where co-located companies collaborate, enabling efficiencies in scale, resource sharing, and demand optimization. These clusters act as microcosms of broader industrial systems—ports being a key example, where diverse stakeholders from transport to energy converge.
Driving a shared vision for sustainable energy transition
In partnership with Accenture and EPRI, the World Economic Forum launched the Transitioning Industrial Cluster Initiative. This aims to foster collaboration and shared strategic goals across clusters to drive economic growth, safeguard employment, and significantly cut greenhouse gas emissions.
As of January 2025, 33 clusters across 16 countries engage 60 stakeholders, contributing $492 billion to global GDP, supporting 4.3 million jobs, and holding the potential to reduce emissions by 832 million tonnes CO₂e—on par with annual emissions of a country like Saudi Arabia.
From green hydrogen to global impact
Examples like the green hydrogen valley in Andalusia show how clusters can initiate sustainable value chains, producing green fuels that support hard-to-abate sectors. As these clusters become linked through green trade routes, their collective impact grows.
