- The ITA will support projects led by Stegra, Green Energy Park, and KWPar Group — spanning key sectors such as iron, steel, and chemicals — by helping identify barriers and mobilize policy, demand, and financing solutions.
- Brazil now totals 15 projects selected by the ITA, with investment potential exceeding US$ 23 billion
- Brazil’s prominence in the “industrial sunbelt” has potential to attract up to US$ 55 billion in strategic investments
São Paulo, 15th October 2025 — The Industrial Transition Accelerator (ITA), in partnership with the Ministry of Development, Industry, Trade, and Services of Brazil (MDIC), today announced the selection of three new projects aimed at fostering clean industry in the country. These new projects raise the total to 15 supported by the ITA, representing an investment opportunity of over US$ 23 billion.
The new projects selected by the ITA are led by Stegra, Green Energy Park, and KWPar Group and will receive dedicated support from the ITA to identify barriers and mobilize policy, demand, and financing solutions to help them reach final investment decisions (FID). The projects involve the use of green hydrogen to produce low-emissions iron, steel, and chemicals, sectors essential to the decarbonization of the economy.
This round of project selections reinforces Brazil’s leading role in the emerging global industrial movement focused on decarbonization and as a member of the “
industrial sunbelt,” a bloc of countries with plentiful renewable energy resources and favourable conditions for clean industry.
“Countries like Brazil are leveraging abundant and competitive renewable energy supplies to position themselves at the forefront of the industry of the future,” says Faustine Delasalle, Executive Director of the ITA and CEO of the Mission Possible Partnership (MPP).
“The selection of new projects is evidence of the strong partnership between MDIC and the ITA, reinforcing our strategy to build a new, green, inclusive and competitive industrial base,” says Julia Cruz, Secretary of Green Economy, Decarbonization, and Bioindustry at MDIC. “We will continue working closely to turn these projects into concrete solutions for Brazil’s sustainable economic development.”
According to the 2025 joint MPP and ITA report “
Clean Industry: Transformational Trends,” Brazil has already secured US$ 6 billion in clean industry investment and up to US$ 55 billion in announced investment opportunities.
“The projects are flagship examples of Brazil’s clean industry potential. We support projects aligned with a vision of climate neutrality for the industry of the future, employing different solutions and at different scales, but all positively impacting industrial production chains,” explains Marc Moutinho, ITA Programme Lead in Brazil.
The ITA’s support in Brazil also extends to projects by Fortescue, European Energy, Acelen Renewables, Votorantim Cimentos, Mizu Cimentos, the Eco Fusion consortium, Alcoa, Solatio, Green Energy Park, Atlas Agro, Companhia Brasileira de Alumínio (CBA), and Gerdau — all of which have the potential to contribute to the decarbonization of heavy industry and long-distance transport, which together account for nearly one-third of global emissions.
Industrial sunbelt: Brazil holds the largest number of clean industrial projects in South America, one of top ten worldwide
The joint MPP-ITA report highlights that Brazil stands out with the largest number of publicly announced green projects in South America and has the 10th largest clean industrial pipeline in the world.
In total, Brazil has 23 commercial-scale clean industrial projects, with four already financed or operational and 19 announced and awaiting investment, in sectors such as chemicals, cement, aluminium, and aviation. The country is a leader within a cohort of emerging and developing economies (EMDEs), which altogether account for 25% of secured financing and 50% of investment potential in clean industrial projects globally. In all, the report analyzed nearly 700 commercial-scale clean industrial projects across 69 countries.
In South America, developers have announced 53 low-carbon ammonia projects, seven sustainable aviation fuel (SAF) projects, and five chemicals (methanol and high value chemicals - HVC) projects. The region also hosts three operational projects in low-carbon aluminium.
“Our fieldwork over the past year with project developers in various regions has shown that when corporate, financial, and government leaders come together, solutions are found, trust builds, and projects move forward faster,” said Faustine.
Regulatory Environment and COP30 Agenda
In Brazil, the ITA partners with the Brazil Climate and Ecological Transformation Platform (BIP) to finance projects aligned with the country’s Ecological Transition Plan and New Industry Brazil strategy. Additionally, Brazil is structuring US$ 3.4 billion in green hydrogen tax incentives, set to begin in 2028 through competitive auctions.
With Brazil hosting COP30 in Belém, the country has the chance to solidify its leadership in the clean industry transition and attract even greater investment. “There is potential to expand partnerships and amplify the impact of innovations developed in each project, but this requires multisector engagement, regulatory agility, and continued investment,” said Marc.
— ENDS —-
Notes for editors
- Clean Industry: Transformational Trends report here
- Mission Possible Partnership Global Project Tracker: here
Additional information
- About the ITA: The ITA is a global multistakeholder initiative, launched at COP28, to catalyse decarbonisation across heavy-emitting industry and transport sectors, that represent a third of global emissions. With expansive networks across industry, financial institutions, and governments, the ITA brings together global leaders to unlock investment at scale, for the rapid deployment of decarbonisation solutions. Within three years, it aims to significantly grow the pipeline of commercial scale, clean industrial projects to reduce emissions by 2030 and enable delivery of Paris Agreement aligned ambition for these sectors.
- About Mission Possible Partnership: Mission Possible Partnership (MPP) is an independent non-profit organisation advancing global clean industry transformation. Since 2019, we have been working with some of the most energy-intensive industries – aluminium, cement, chemicals, shipping, aviation and steel – to cut their global GHG emissions. We mobilise business, finance, government and civil society leaders to speed up the shift to clean materials, chemicals and fuels. Having charted sectoral pathways to net-zero, we continue to forge new territory, lifting the barriers to enable a critical mass of clean industrial projects to break ground by 2030. Mission Possible Partnership has people and partners on the ground in North America, Brazil, Europe, the Middle East, North Africa, India and Australia. https://ita.missionpossiblepartnership.org/
- About the Global Project Tracker: Launching in April 2024, the Global Project Tracker maps this transition against the Sector Transition Strategy-derived near-term milestone of building a critical mass of clean industrial plants. This will drive the production of clean commodities in sufficient volumes to enable their markets to scale while their costs begin to fall. In six-monthly updates, the Tracker geo plots the pipeline of all known commercial-scale clean industrial plants, marking their deployment across announced, financial investment decision (FID) and in operation statuses.
- About the data: with methodology improvements, inclusion of new data sources and capacity adjusted targets for ‘critical mass’ - direct like-for-like comparisons to previous data is not possible. While every effort has been made to ensure the accuracy and completeness of data related to the Chinese market, it is important to note that certain limitations may exist. The availability and transparency of publicly accessible information in China can vary significantly across sectors. We have taken every practical step to verify and validate the information included in the Global Project Tracker.
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