Decarbonising heavy industry such as iron, steel, cement, chemicals, is an industrial, financial and trade challenge as much as a technological one. Across the Asia-Pacific, economies differ in their energy resources, industrial capabilities and access to capital. These differences shape their transition pathways—and create opportunities for partnerships that connect clean energy and mineral resources with technology, investment and markets.
Focus areas
- Low-emissions industrial investment and low-carbon trade corridors: How can capital markets and carbon markets shape regional trade collaboration?
Project example: Australia China low carbon iron and steel dialogues (supported by the National Foundation for Australia China Relations, NFACR) - Hydrogen economy development: Where can green hydrogen support competitive industrial decarbonisation, what are developments in the region such as China, Korea, Australia, and what is needed to connect production with reliable demand.
- Transition finance standardization and mobilization: How can transition finance standards lead to more cross-border investment? What are transition finance reporting standards? How can they fund credible industrial transition pathways.