$LNZA: Industrial Transition Accelerator (ITA)
@MPPindustry announces collaboration with LanzaTech at the Abu Dahbi Sustainability Week
@ADSWagenda to drive innovative projects in sustainable aviation fuel, waste-to-energy, along with steel mills and heavy chemicals.
ITA, launched at COP28 in December 2023 and funded by Michael Bloomberg and the UAE 🇦🇪, is a global initiative aimed at decarbonizing heavy-emitting industries like aluminum, cement, chemicals, steel, shipping, and aviation, which collectively account for 30% of global emissions. It accelerates commercial-scale, clean industrial projects to become operational by 2030, addressing barriers such as high costs, technical challenges, and regulatory obstacles.
The ITA also promotes demand for low-carbon products, potentially unlocking $700 billion in investments for decarbonization initiatives.
ita.missionpossiblepartnersh…