Annual Report 2024 2025

Transitioning Industrial Clusters The Transitioning Industrial Clusters initiative facilitates collaboration to promote economic growth, protect jobs and reduce CO2e emissions within industrial clusters. By aligning regulatory frameworks with financial support, the initiative supports clusters to implement effective sustainability strategies. By the end of the reporting period, the initiative encompassed 35 clusters across 16 countries, representing 66% of global GDP . Throughout its work, it focuses on building strong partnerships between companies and public institutions, ensuring alignment across supply and demand networks to drive cohesive action. To accelerate decarbonization, the initiative advances enabling policies that create a supportive regulatory environment for sustainable growth. Complementing this, it identifies innovative financing solutions to back large-scale emissions reduction efforts and promotes the adoption of advanced technologies that enhance efficiency and cut emissions. During the period, the initiative published Unleashing the Full Potential of Industrial Clusters: Infrastructure Solutions for Clean Energies exploring challenges in clean energy infrastructure and highlighting how industrial clusters can accelerate its deployment. Since its inception, these combined efforts have contributed to protecting and creating 4.3 million jobs and added $498 billion to the global GDP through participating clusters, underscoring the initiative’s role in driving a just and sustainable industrial transition. Learn more here Annual Report 2024-2025 Our Impact17