GLOBAL IMPACT COALITION
GIC panel at World Economic Forum meeting in Davos
Another area of focus is carbon capture and utilisation( CCU), which involves capturing CO₂ from process emissions and converting it into valuable inputs for new chemical production. Waste-to-chemicals technologies, including the direct conversion of solid waste into chemical building blocks, also show promise.
Despite their potential, many of these technologies remain at the pilot or early commercial stage. Scaling them requires significant investment, infrastructure changes and supportive policy frameworks including carbon pricing, incentives and targeted funding mechanisms.
“ Achieving net zero at scale requires rethinking how capital is mobilised,” says Charlie.“ We’ re seeing momentum around blended finance, where public and philanthropic capital help de-risk private investment, as well as sustainability-linked loans and transition finance tailored for hard-to-abate sectors.
“ Joint ventures and cross-industry partnerships are also proving effective for pooling capital and deploying shared infrastructure for circular and lowemission technologies. That’ s what we’ re enabling through the GIC platform.”
The role of the Global Impact Coalition GIC brings together leading chemical companies – including BASF, Covestro, Clariant, LG Chem, LyondellBasell,
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