1. Themes
  2. Just Transition
  3. Green Supply Chains

Green Supply Chains

Decarbonizing supply chains is key to advancing NDC goals and building resilience domestically and globally, as global supply chains consist of firms of all sizes that anchor emerging markets and developing economies.

2030 Goals

01

Full decarbonization of supply chains for critical materials (lithium, cobalt, nickel, rare earth elements) via renewable energy and advanced low-carbon technologies.

02

Harmonization of traceability, sustainability reporting, and carbon accounting standards by 2030, aligned with ISO norms and EU regulations like the Corporate Sustainability Due Diligence Directive.

03

Mobilize $50 billion in climate finance by 2030 for sustainable supply chains, focusing on public-private partnerships, with at least $15 billion targeted through blended finance models.

Status

Moderate Progress

Global progress is being made, but challenges remain in aligning key stakeholders, ensuring fair labor practices, and mobilizing sufficient financing. Notably, there is a push for more effective policy frameworks, and the mobilization of green finance to support transition efforts in key regions, and a growing recognition of the need of resilient and diversified supply chains as a key lever of decarbonization.

Leading Actors

Cooperation is required between these actors and audiences to drive progress foward in Green Supply Chains.

Private FIs

BlackRock

Private FIs

Vanguard

Private FIs

Brookfield Asset Management

Private FIs

Goldman Sachs

Public FIs

KfW (Germany)

Public FIs

Japan Bank for International Cooperation

Multilateral Development Banks

Asian Development Bank (ADB)

Multilateral Development Banks

African Development Bank (AfDB)

Multilateral Development Banks

European Investment Bank (EIB)

Multilateral Development Banks

Inter-American Development Bank (IDB)

Multilateral Development Banks

World Bank

International Organizations

IRENA

International Organizations

International Labor Organization (ILO)

International Organizations

UNIDO

International Organizations

OECD

International Organizations

UNEP Finance Initiative (UNEP FI)

International Organizations

UN Global Compact

Leading Countries

Brazil

Leading Countries

Germany

Leading Countries

India

Leading Countries

Indonesia

Leading Countries

Netherlands

Leading Countries

South Africa

Leading Countries

United Kingdom

Leading Countries

United States of America

Alliances

EU Green Deal

Alliances

African Union, International Solar Alliance (ISA)

Alliances

Climate Investment Platform (CIP)

Supportive Stakeholders

International Trade Union Confederation (ITUC)

Supportive Stakeholders

Consumer Goods Forum (CGF)

Supportive Stakeholders

International Chamber of Commerce

International Organizations

International Organization for Standardization (ISO)

Leading Countries

Malaysia

Alliances

Global Clean Power Alliance (GCPA)

Alliances

International Energy Agency (IEA)

Alliances

G7

Supportive Stakeholders

Future of Mining Coalition (FOMC)

Supportive Stakeholders

Pan-American Liquid Biofuels Coalition (CPBIO)

Supportive Stakeholders

Global Food Banking Network (GFN)

Key Milestones

Showcasing the key reform milestones for Green Supply Chains that have been addressed at global events.

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Hamburg Germany

Hamburg Sustainability conference

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  • Green Supply Chains

    Discussions must emphasize international coordination to align climate ambition with resilient and inclusive green supply chains, including finance, standards, and technology transfer. A priority is strengthening cooperation between governments, MDBs, and the private sector to support industrial transformation in emerging and developing economies.

  • Country Platforms

    Present real-world examples of high-impact country platforms and extract key lessons and best practices for replication and adaptation across regions.

Washington, DC

WBG/IMF Annual Meetings

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  • Green Supply Chains

     The case for diversified supply chains was discussed. It was highlighted that supply chain diversification strengthens resilience but comes at the cost of efficiency; a tradeoff that can be eased with the help of targeted policies.

  • Transition-ready skill and labour market

    1. Discussions highlighted a clear focus on skills for future, while exploring the role of flexible pathways and partnerships between government employers to prepare workers for tomorrow’s in-demand jobs. 2. CSOs raised the demand of reparations from IFIs and rich Global North countries and emphasized the need of a Just Transition Agenda ensuring protection of people’s rights and equitable sharing of costs and benefits.

Learn More

Publications and educational material to deepen understanding of Green Supply Chains.

Deforestation-free commodities: Investing in deforestation-free supply chains as a strategic imperative’, research brief

Green Supply Chains

This learning paper explores how capital can be more effectively mobilized to support the transition to deforestation-free agricultural supply chains.

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Decent work toolkit for sustainable procurement

Green Supply Chains

With a focus on trust and transparency, the Decent Work Toolkit for Sustainable Procurement is publicly available to all and contains real-life examples of buyers and suppliers jointly addressing decent work concerns in global supply chains. It can help both buyers and suppliers start or strengthen their dialogue to identify and address gaps in decent working conditions.

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World Bank Just Transition Initiative

Green Supply Chains

Provides resources, funding, and guidance on making green supply chains more sustainable while addressing the social and economic impacts on communities and workers in transition.

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Global Battery Alliance Report 2024

Green Supply Chains

Outlines the role of sustainable sourcing and production in green supply chains for batteries, a key element in clean energy transition, covering everything from raw material mining to end-of-life recycling.

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Building Sustainable Supply Chains for Developing Economies

Green Supply Chains

This report provides a forward-looking overview of industrial supply chain dynamics and their likely evolution over the next two decades.

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Related Topics

Green Supply Chains | Climate Finance Reform Compass