Defossilizing Industry Scaling-up CCU 2025

Page 28 of 43 · WEF_Defossilizing_Industry_Scaling-up_CCU_2025.pdf

Cross-sectoral collaboration Cross-sectoral collaboration provides opportunities to aggregate expertise, as well as coordinate risking sharing and advocacy activities. CCU creates new forms of sustainable industrial symbiosis between industrial producers and end-users. As an emerging and diverse sector, no single institution typically possesses a complete range of expertise and resources required to deliver CCU projects independently. This places an emphasis on collaborative working, cross- sectoral thinking and partnerships to trial new technologies, overcome market barriers and identify new value propositions. Leveraging collaboration to realize growth 4.1 Although start-ups and pilot-scale technology deployments cannot replace value chain steps wholesale, working with industry incumbents in viable applications creates anchor opportunities from which they can begin to scale up. By integrating into existing industrial value chains, CCU innovators can access infrastructure, expertise and market channels, while incumbents can explore potentially transformative sustainability solutions (see Box 5). Establishing the right collaborative partnerships to test technologies in real-world contexts can enable first deployments and scale- up. If successful, these development partnerships can evolve over time into commercial relationships, although they may require further work to overcome practical and interorganizational challenges. 4 Defossilizing Industry: Considerations for Scaling-up Carbon Capture and Utilization Pathways 28
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