Decarbonising the industrial manufacturing value chain

The central challenge facing heavy industry is to increase production whilst decarbonising its operations, with the latter requiring innovative technology deployment, broader electrification of the industrial base and new energy sources like green hydrogen. To effectively decarbonise heavy industrial manufacturing, it is imperative global collaboration intensifies, leveraging advanced technologies and policies such as Europe's Green Deal Industrial Act and the U.S. Inflation Reduction Act. How can policy makers and heavy industry work together to leverage progressive policies and advance clean technology to accelerate the decarbonisation of the industrial value chain?