COP28 Presidency, United Nations Climate Change, and Bloomberg Philanthropies Launch New Industrial Transition Accelerator for Heavy-Emitting Industries - Mission Possible Partnership

COP28 President Dr. Sultan Al Jaber, UN Climate Change Executive Secretary Simon Stiell, UN Secretary-General’s Special Envoy on Climate Ambition and Solutions Michael R. Bloomberg, and UN Secretary-General’s Special Envoy on Climate Action and Finance Mark Carney launched the Industrial Transition Accelerator (ITA), to catalyse decarbonisation across heavy-emitting sectors, including energy, industry, and transportation, and accelerate the delivery of Paris-aligned targets. The ITA Secretariat, which will be hosted by the Mission Possible Partnership (MPP), brings global industry leaders together with policymakers, finance, and technical experts to unlock investment and rapidly scale implementation and delivery of projects needed to cut emissions, consistent with credible 2030 1.5°C pathway targets as determined by the International Energy Agency (IEA).