Industrial Transition Accelerator (ITA)’s cover photo
Industrial Transition Accelerator (ITA)

Industrial Transition Accelerator (ITA)

Non-profit Organizations

Fast-tracking decarbonisation in high-emitting industrial sectors

About us

The Industrial Transition Accelerator (ITA) is a global multi-stakeholder collaboration with an initial three-year mandate to unlock investments and turbocharge the delivery of decarbonisation solutions across heavy industry and transport. Launched at the COP28 World Climate Action Summit by the United Arab Emirates, United Nations Climate Change, and Bloomberg Philanthropies, the ITA brings together a vast network of climate innovators, industry leaders, governments, and technical experts, to accelerate the pipeline of commercial-scale, clean industrial projects across six critical sectors that account for roughly 30% of global emissions: aluminium, cement, chemicals, steel, shipping, and aviation. - Delivery-focused: progressing the pipeline of net-zero-aligned projects - Building on the pre-existing landscape: targeted actions that can drive scale We galvanise leadership across industry, finance and governments, to overcome decarbonisation challenges in six key high-emitting industry and transport sectors - Aluminium, Cement, Chemicals, Steel, Aviation, and Shipping. These six critical sectors account for roughly 30% of global emissions. We are working to increase the number of commercial-scale deep decarbonisation projects reaching Final Investment Decision (FID) across industry, to get them up and running by 2030 and contributing to emissions reductions in line with the Paris Agreement goal to limit global warming to 1.5 degrees.

Website
https://ita.missionpossiblepartnership.org/
Industry
Non-profit Organizations
Company size
11-50 employees
Founded
2023
Specialties
Decarbonisation, Sustainability, Heavy-industry, Net Zero, Shipping, Aviation, Steel, Aluminium, Chemicals, Cement, and Climate investment

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