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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2 Dec 2025

G20 Outcomes & Climate Action

Written by Mahendra Shunmoogam

The G20 Leaders’ Summit, held in Johannesburg in November, concluded with a Leaders’ Declaration seeking to advance global climate action amid significant geopolitical and economic pressures. In this briefing, LeadIT’s Global Policy Lead Mahendra Shunmoogam highlights the key takeaways from South Africa’s presidency.

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26 Nov 2025

COP 30 Technology, Transition, and Trust – the role of trade and international cooperation for just & equitable industrial transition

This panel event during COP30 in Belém highlighted both some of the opportunities and the complexities involved in using trade to accelerate industrial decarbonization.

Climate Politics

co-development

Emerging and Developing Economies

EU

Partnerships

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25 Nov 2025

Industry Transition Partnership projects announced at COP30

During the LeadIT Leaders' Roundtable, India and Sweden announced a significant step forward in bilateral cooperation to accelerate the shift towards greener industry.

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17 Nov 2025

SKF joins LeadIT

Written by Jane Birch

SKF has been announced as the latest company to join LeadIT during the annual high-level Leadership Group summit at COP30 in Belém, Brazil.  Company membership of the Group now stands at 28 from across the globe.

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3 Nov 2025

LeadIT engagements at COP30 Belém, Brazil

COP30, formally the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), hosted by the Government of Brazil, takes place between 10–21 November 2025 in the city of Belém, Brazil’s gateway to the Amazon. LeadIT is hosting several events and working with partners on a range of other engagements.

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31 Oct 2025

Building a shared sustainable future for heavy commercial vehicles in India 

Written by Jane Birch

LeadIT members Tata Motors and Volvo Group have pledged, as part of their membership,  to work together on a more sustainable heavy-duty transport ecosystem in India.   In a first-of-its-kind collaboration for the Leadership Group, LeadIT will facilitate collaborative work between the two companies.

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