United for Net Zero Public Private Collaboration to Accelerate Industry Decarbonization 2025

Page 12 of 30 · WEF_United_for_Net_Zero_Public_Private_Collaboration_to_Accelerate_Industry_Decarbonization_2025.pdf

Recognizing the need for systematic public-private collaboration to overcome the previously described main barriers to industrial decarbonization, the World Economic Forum Industry Net Zero Accelerator initiative has developed a new framework to inspire strategic-level decisions and structure the dialogue between private- and public-sector stakeholders, thus facilitating further collaboration and accelerating the decarbonization journey. The framework outlines eight public-private collaboration opportunities that can address the major barriers to net zero outlined in Chapter 2, across two action levers: –Action lever 1: Making the most of existing collaboration mechanisms: actions aiming to increase the adoption of existing collaboration mechanisms for net zero. These can include public funding programmes, carbon calculation standards, net-zero knowledge material, and climate technologies and infrastructure development. –Action lever 2: Responsibly engaging in net- zero policies design: actions aiming to inspire industry leaders to proactively and responsibly engage in collaborative design and build bolder and more robust net-zero policies that can effectively address decarbonization. To bring this framework to life, the opportunities are illustrated by 11 real-world case studies from early movers that showcase best practices and successful collaborations from around the globe. These case studies provide tangible examples of how public-private collaborations can address key obstacles, drive innovation and expedite the transition to a decarbonized industrial landscape.Net zero in action: a framework for public-private collaboration to accelerate industry decarbonization There are eight collaboration opportunities for industrial companies to work with the public sector to overcome net-zero barriers.3 United for Net Zero: Public-Private Collaboration to Accelerate Industry Decarbonization 12
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