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Opportunities for financing industrial clusters

októbra 12, 2022 5-minút čítania

RESEARCH REPORT

In brief

All eyes on industrial decarbonization

Globally, more than US$100 trillion will be required to decarbonize society by 2050. In the United States, an estimated $2.5 trillion will be needed by 2030 to be on trend for net zero by 2050.

Financing industrial clusters: Three key steps

$164B

Potential investment for industrial clusters from the Infrastructure Investment & Jobs Act (IIJA).

$500M

Funds available from The Energy Act 2020 to decarbonize hard-to-abate industries.

$40B

Infrastructure loans available from the U.S. Department of Energy Loans Program.

$369B

Funding targeted to climate change and energy security in the Inflation Reduction Act 2022.

1. Take a whole systems approach

Take a whole systems approach to understand the unique challenges and needs across the value chain.

2. Explore a range of financing mechanisms

This action acts to target specific challenges, de-risk the market and unlock additional capital.

3. Stack creative mechanisms (existing and new)

Stack mechanisms (existing and new) to enable decarbonization of not just one project, but industry at large.

Lessons learned from UK offshore wind

Partnering for the path forward

Related capabilities

Energy transition services

Accelerating the energy transition toward a net-zero future.

Utilities

See how we’re helping electricity, gas and water companies enable transformation for 360-degree value and growth.

Industry X

End-to-end. Connected. Intelligent. Embrace change for your entire product and operating value chain.