ROUNDTABLE 2.1

Coordinating Finance, Knowledge, and Support for EMDEs on Green Industrialization

Date

09 April 2026

Time

16:30
-
18:00

Location

Hofburg

Room

Forum
Description

The Roundtable explores how multilateral cooperation, green industrialization, and coordinated support can advance security, stability, and prosperity. Building on the COP30 Belém Declaration on Global Green Industrialization, which marks a shift from pledges to coordinated delivery, the session recognizes green industrialization as central not only to climate goals but also to global resilience, supply chain security, and inclusive growth — particularly for Emerging Markets and Developing Economies (EMDEs), especially Least Developed Countries (LDCs), Landlocked Developing Countries (LLDCs), and Small Island Developing States (SIDS).  

While EMDEs must drive their own green industrial transformation, the multilateral system has a critical enabling role through finance, technical assistance, and knowledge partnerships. Yet existing initiatives often operate in parallel, creating fragmentation and duplication, and multilateral attention has tended to focus on decarbonizing heavy industry rather than supporting broader green industrial development pathways. LDCs and LLDCs are especially disadvantaged: despite abundant critical minerals and renewable energy potential, prohibitively high financing costs prevent them from leveraging these assets to build industrial capacity, generate jobs, and strengthen economic resilience.  

The core challenge is no longer ambition — it is orchestration and scale. Green industrialization requires a dedicated coordinating entity to ensure long-term accountability, aligned with the COP process, the Global Stocktake, and the SDGs. As envisioned in the Belém Declaration, such an entity should support EMDEs through knowledge creation, dialogue and coalition-building, and direct financial and strategic support for project implementation.