Industrial decarbonisation has now started and needs to accelerate, yet complex barriers prevent heavy industry and transport from cutting emissions at the required speed. The ITA will address the barriers companies face to scaling decarbonisation.
Many decarbonisation projects across these sectors stall due to factors such as cost, technical challenges, changes in market conditions, or regulatory hurdles. With a focus on the next three years, the ITA aims to accelerate the pipeline of commercial-scale, clean industrial projects reaching their critical Final Investment Decision, marking the point at which a project receives a green light for full-scale development and operationalisation by 2030.