From Blueprint to Reality 2026

Clean ammonia Clean steel Carbon capture & storage Hydrogen Circular economy Co-located renewables Bioplastics01020304050607080 176331 21 1 229335 1 1 230 2241 405115475 3 6 217432 2024 2022 2020 2023 2021$32 bnInvestment in “clean industry economy” by sector ($ billion) FIGURE 4 Note: Grey dashed line is average annual investment for 2020-2024, not including 2023. Source: BloombergNEF.18 The challenge is not a lack of ambition but turning ambition into bankable projects. Some progress is visible: the number of low-carbon projects reaching financial close increased between 2020 and 2024. Yet the overall scale of financing remains insufficient. According to the Mission Possible Partnership Global Tracker, while there is a strong pipeline of ~700 net-zero aligned facilities as of November 2025, only one-fifth of the clean industrial plants needed are currently financed.19To accelerate the industrial transformation, low- carbon projects must become commercially viable so that developers, companies and financiers can justify building new infrastructure and upgrading existing assets. What is missing is a delivery model that can turn a fragmented pipeline into investable scale. While there is a strong pipeline of ~700 net-zero aligned facilities, only one-fifth of the clean industrial plants needed are currently financed. From Blueprint to Reality: A Stronger Business Case for Shared Energy Infrastructure 9