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
- Full decarbonization of supply chains for critical materials (lithium, cobalt, nickel, rare earth elements) via renewable energy and advanced low-carbon technologies.
- 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.
- 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.
StatusModerate progress
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.
Relevant Actors & Audiences
Private FIs
BNP Paribas (vendor finance program), BlackRock, Vanguard, Brookfield Asset Management, Temasek, Caisse de dépôt et placement du Québec (CDPQ), Macquarie Group, Goldman Sachs, Mitsubishi UFJ Financial Group (MUFG)
Public FIs
Japan Bank for International Cooperation, World Bank , International Finance Corporation (IFC), Asian Development Bank (ADB), African Development Bank (AfDB), European Investment Bank (EIB), Inter-American Development Bank (IDB), New Development Bank (NDB - BRICS Bank), KfW (Germany)
Multilateral Development Banks
Asian Development Bank (ADB), European Investment Bank (EIB), Inter-American Development Bank (IDB), World Bank , African Development Bank (AfDB), International Finance Corporation (IFC)
Governments
India, South Africa, Brazil, Indonesia, EU Countries, United States of America
Supportive Stakeholders
International Trade Union Confederation (ITUC), Corporate Partners (Apple, Tesla, Schneider Electric, BYD, Siemens Energy, Vestas)
International Organizations
IRENA, International Labor Organization (ILO), World Economic Forum (WEF), UNIDO, OECD, UNEP Finance Initiative (UNEP FI)
Leading Countries and Alliances
EU Green Deal, African Union, International Solar Alliance (ISA), Climate Investment Platform (CIP), Just Energy Transition Partnership (JETP)
Milestones
The below events contain milestones related to Green Supply Chains.
June
June UN Climate Meetings 2025
Milestones
Green Supply Chains
Launch the Global Green Supply Chain Decarbonization Framework under UNFCCC with a focus on carbon-neutral and transparent supply chains for critical materials.
October
12th OECD Forum on Green Finance and Investment 2025
Milestones
Green Supply Chains
- Convene industry leaders and policymakers to refine the Green Materials Certification framework for transparent, carbon-neutral supply chains.
- Announce significant commitments from major corporations (e.g., Apple, Microsoft, and Amazon) to achieve net-zero supply chains by 2030, with an emphasis on carbon emissions in production and transportation.
Resources
The below resources all pertain to the topic of Green Supply Chains.
World Bank Joins Multilateral Development Banks to Declare a Shared Commitment to Sustainable Procurement
Just Transition, Green Supply Chains
MDBs declare shared commitment to sustainable procurement, with a particular focus on decarbonizing supply chains. A working group was created to work on: 1) awareness building, outreach, and partnership, 2) building a common approach and identifying opportunities for harmonization, 3) training and development within the MDB community and for partner countries, 4) monitoring and communicating impact.
World Bank Just Transition Initiative
Just Transition, 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
OECD Climate Finance and Impact Reports 2024
Just Transition, Green Supply Chains
Ensures that the global shift to green economies includes sustainable and fair working conditions, with a focus on the social and labor impacts of transitions in sectors like mining and energy
Global Battery Alliance Report 2024
Just Transition, 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