LeadIT 2024 Annual Report Summary.

4 March 2025

Written by Per Andersson, Yani Wang, Jane Birch

2024 marked another year of growing momentum for industry decarbonization. Countries and companies demonstrated stronger commitments and a greater willingness to collaborate, while relevant financial mechanisms are beginning to emerge. Green iron and steel, as well as green cement technology projects, continue to be announced globally. As our green steel tracker and our green cement technology tracker reveal, countries are deploying a diverse range of technologies. However, the industry transition remains at a stage where urgent action and increased global collaboration are needed.

 

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LeadIT continued in 2024 to be one of the leading platforms advocating for a just and global industry transition agenda for all, driving progress and fostering collaboration among public and private stakeholders, as well as across countries at different stages of economic development.

2024 also marked the first year of the new mandate period announced by the Prime Ministers of India and Sweden at COP28 (LeadIT 2.0). In this phase, LeadIT continues to strengthen its role as a global forum for industry transition and a hub for knowledge production, advancing technical co-development and spearheading Industry Transition Partnerships, including collaborations between Sweden and India.

Download our Annual Report Summary 2024

Annual Report summary 2024

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28 May 2025

New data reveals India’s green steel ambitions

For the first time a green steel project based in India is featured in the LeadIT Tracker. LeadIT members JSW Steel are working with JSW Energy Ltd on a pilot project to use fossil free hydrogen in steelmaking. India is already the world's second biggest producer of steel and its ambitious plans to expand production will see it overtake China as the global leader. This project is one signal of momentum towards decarbonization.

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16 May 2025

Green Industrialization – South Africa and the G20 presidency

LeadIT member South Africa, which assumed the G20 presidency at the start of this year, is integrating climate change into several of its working groups including, for the first time, specifically within the Working Group on Trade and Investment.

G20

Policy

South Africa

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16 May 2025

SEK 10 million funding available for Swedish companies to work with Indian partners

Written by Jane Birch

A SEK 10 million call for project proposals under the LeadIT Industry Transition Partnership (ITP) is now open for Swedish companies to work in collaboration with Indian partners to drive decarbonization in steel and cement.

Cement

India

Industry Transition Partnership

Steel

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7 May 2025

Bringing steel expertise and decarbonization ambitions – LeadIT welcomes JSW Steel

Written by Jane Birch

JSW Steel has joined LeadIT bringing sector expertise and high ambitions to decarbonize.

Building materials

co-development

Developing Countries

Emerging Markets

Industry Transition Partnership

Innovation

Steel

technology

Value Chain

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7 May 2025

Joining Forces for a Greener Future: JSW Cement is the latest company member of LeadIT

Written by Jane Birch

JSW Cement has joined LeadIT strengthening the Group's presence in India and in the global cement industry. Decarbonizing this sector is vital to global climate goals.

Building materials

Cement

co-development

Developing Countries

Emerging Markets

Industry Transition Partnership

Innovation

technology

Value Chain

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24 Apr 2025

Technology Transfer – a WTO thematic session

Written by Jane Birch

On April 1st, 2025, the World Trade Organization (WTO) Committee on Trade and Environment (CTE) held its first thematic session dedicated to technology transfer featuring a range of speakers, including Per Andersson, Head of Secretariat at LeadIT.

Climate Politics

co-development

Finance

Partnerships

technology

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