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

Images: Getty Images Disclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. © 2024 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.Contents Foreword 4 Executive summary 5 1 Industry net zero: the state of play 6 2 Industry net zero: main barriers to acceleration 11 3 Net zero in action: a framework for public-private collaboration to accelerate industry decarbonization 13 Opportunity 1: Understand and leverage public financial mechanisms for net zero 15 Opportunity 2: Engage your sector to co-develop financial mechanisms for net zero 16 Opportunity 3: Facilitate carbon tracking adoption within your value chain 17 Opportunity 4: Contribute to improve and harmonize carbon accounting standards 18 Opportunity 5: Proactively support net-zero solutions implementation across your value chain 19 Opportunity 6: Collaborate with governments to shape the policies for value chain decarbonization 22 Opportunity 7: Co-invest in climate technologies development, infrastructure and market creation 23 Opportunity 8: Help create the policy conditions for climate technology adoption 25 Way forward to net zero requires a cultural shift 26 Contributors 27 Endnotes 30 United for Net Zero: Public-Private Collaboration to Accelerate Industry Decarbonization 2