A new report, published by Mistra Geopolitics and Stockholm Environment Institute today, highlights how green industrial policies – used by countries in all regions – can play an important role in accelerating decarbonization. But the way these policies are designed in many major economies could risk leaving Emerging Markets and Developing Economies behind.
“To avoid a two-speed transition and ensure that climate goals are met equitably, green industrial policy must be reimagined as a cooperative global endeavour with credible financial support,” said Aaron Maltais, SEI Senior Research Fellow, Team Leader and researcher in the Mistra Geopolitics research programme.

Without deliberate measures to make green industrial policies more inclusive, there is a danger of entrenching a “two-speed” transition, in which advanced economies surge ahead while many Emerging Markets and Developing Economies face barriers to fair inclusion in new green value chains and adoption of energy transition technologies.
For interviews or information, please contact:
Ylva Rylander, Press Contact for Mistra Geopolitics, Stockholm Environment Institute (SEI)
[email protected], +46 (0) 73 150 3384
Ulrika Lamberth, Senior Press Officer, Stockholm Environment Institute (SEI)
[email protected], +46 (0) 73 801 7053
Authors and citation
Aaron Maltais, Senior Research Fellow and Team Leader, Stockholm Environment Institute (SEI)
Timothy Suljada, Head of the Resources, Rights and Development Division at Stockholm Environment Institute (SEI)
Maltais, A., & Suljada, T. (2025). Green industrial policy: challenges and opportunities for a globally inclusive and fair energy transition. SEI and Mistra Geopolitics report. Stockholm Environment Institute. https://doi.org/10.51414/sei2025.047

