Mission Possible Partnership

This June, global climate leaders will gather in the UK for London Climate Action Week. We’re partnering with Climate Action for the Week’s opening flagship event – the Climate Innovation Forum. Taking place in the Guildhall on Monday 22 June, the high-level event will bring together leaders from across business, policy, finance and technology, providing a powerful platform for collaboration, innovation and action midway between COPs. Hosted during London Climate Action Week, the forum convenes organisations across industry, finance, policy and technology to explore the innovations and partnerships needed to drive the transition to a low carbon economy. Explore the programme: https://bit.ly/4t5okB6 #ClimateInnovationForum #ClimateAction #LCAW2026 #CIF26

We’ve been eagerly anticipating the EU’s Fertiliser Action Plan and Tom Schmidtgen very kindly reviewed our recommendations for the Plan in today’s ‘Industrie & Hendel am Morgen’ POLITICO Pro newsletter. It's our position that the production of green ammonia should be promoted through a ‘lead market’ similar to the EU's plans for steel, cement, and aluminium. We'll be sharing more detailed analysis soon following the Plan's publication.

Nice piece this morning from Ian Johnston at the Financial Times in today’s Europe Express newsletter regarding the EU’s Fertiliser Action Plan. Encouraging that drafts Ian saw indicate Brussels wants to create ‘lead markets’ for organic and low-carbon fertilisers and to boost demand for products made in Europe - a welcome architecture. [🔒 Paywall] Ian covers the strategic case for low-carbon fertilisers and the risk of food inflation if Europe fails to act: https://lnkd.in/eQCCHGZQ

Interesting article from Marta Pacheco at Euronews regarding the leaked EU Fertiliser Action Plan. The leak suggests the plan could include clean ammonia corridors and lead market instruments, which is welcome architecture. We need an ambitious target to scale up green fertilisers in the 19 May Action Plan in order to decouple from fossil-based fertilisers. This isn't just ‘green’ – it's Strategic Autonomy and food security. And crucially, the mandate falls on ammonia producers and suppliers, not on farmers. These instruments must be set at a level that triggers final investment decisions, or it will risk remaining on paper, while Europe's fossil dependency continues. Europe has a pipeline of green fertiliser projects ready to go. But virtually all (97%) of potential clean ammonia production is currently frozen because there are no guaranteed, strong demand-side measures to create market certainty.

Nitrogen fertilisers are ‘gas in disguise’. And right now, gas is hugely impacted by war and the closure of the Strait of Hormuz. Bartosz Brzeziński and Ketrin Jochecová lay this out clearly in the article below – a must-read ahead of the EU's Fertiliser Action Plan on 19 May. With prices up 80% since February and farmers approaching their summer buying window unable to plan, this is no longer just an agricultural story. It is a food security and strategic autonomy crisis unfolding in slow motion. Green ammonia is not a ‘nice to have’. With 58 projects ready to go, the pipeline exists. 97% of it is waiting for a political signal. That signal should arrive on 19 May. The ambition of the targets will determine whether we get a sticking plaster – or a sovereign supply chain. MPP believes the EU should use this opportunity to start to reduce Europe’s dangerous reliance on fossil-based fertilisers, ensuring European food supply is no longer subject to the volatility of foreign markets, by introducing an ambitious long-term plan to scale up green ammonia. We’ll be watching carefully on the 19th. https://bit.ly/4nvxDcc

We published the latest issue of Signal earlier this week. As geopolitical disruption persists, what was recently seen as a long-term ambition – to build clean industrial systems – is now an immediate priority: building more stable and resilient industrial systems, which as it happens will also be cleaner. Our colleagues across the world are watching this shift play out in real time and we see genuine momentum as we convene leaders across industry, policy, and finance. IN THIS ISSUE:   > Clean industry is becoming a strategy for resilience in a volatile world > APAC momentum builds – from Australia’s pipeline to Korea’s steel transition > New Bright Spot: Meranti Green Steel and the next wave of clean supply chains Read here: https://bit.ly/4fitZR1

Across the markets we work in, we keep seeing the same dynamic: clean industry projects that are technically ready and commercially viable – but not getting built. Brazil is no exception. And our colleagues at the Industrial Transition Accelerator (ITA) have published a briefing that goes directly at this problem. The projects exist. Proven technology. Credible companies. A commercial case. But they struggle to clear internal hurdle rates – and a clean transition rarely wins capital allocation on environmental credentials alone. 'Financing industrial decarbonisation projects in Brazil' – developed with Brazil's MDIC and co-authored by Systemiq Ltd. – sets out what's blocking these projects and what it would take to unlock them. The analysis covers three questions: → Where is the immediate opportunity? Optimisation and efficiency projects stand out – commercially attractive and ready to scale without waiting for breakthrough technology. → What financing models can help? 'Sustainability-as-a-service' approaches let companies cut emissions without committing balance-sheet capital. → What needs to change? Specific actions for government, financial institutions and the private sector to build an investment case that stacks up. The briefing is grounded in Brazil – but the financing gap it describes is not unique to Brazil. Any emerging economy with serious clean industry potential is likely to recognise the dynamics it sets out. If you work in industrial finance, development banking, corporate sustainability or climate policy, it's worth your time. Read it here: https://bit.ly/4d6gBy4

Latest issue of Signal from Mission Possible Partnership is available now. As geopolitical disruption persists, what was recently seen as a long-term ambition – to build clean industrial systems – is now an immediate priority: building more stable and resilient industrial systems, which as it happens will also be cleaner. Our colleagues across the world are watching this shift play out in real time and we see genuine momentum as we convene leaders across industry, policy, and finance. IN THIS ISSUE:   > Clean industry is becoming a strategy for resilience in a volatile world > APAC momentum builds – from Australia’s pipeline to Korea’s steel transition > New Bright Spot: Meranti Green Steel and the next wave of clean supply chains