Climate Club guidance on country platforms for industry transformation

Industry transformation offers an opportunity to foster economic growth, job creation and resilient development. Achieving these benefits will require significant investment, particularly in emerging markets and developing economies (EMDEs). Industry country platforms are attracting growing interest as a mechanism to accelerate industry transformation and translate national ambitions into concrete investment and implementation outcomes. By bringing together governments, development partners, domestic and international financial institutions, industry and other stakeholders around shared priorities, these platforms can help strengthen collaboration, support project pipeline development and mobilise finance at scale. While industry country platforms offer a promising framework, experience to date highlights a range of challenges related to governance, co-ordination, project preparation and finance mobilisation. This Policy Brief, prepared for the Climate Club provides guidance to support governments in designing industry country platforms. It outlines key principles across five dimensions: strategic foundations and governance; readiness and enabling investment conditions at the domestic level; project pipeline creation and development; finance mobilisation and investment scaling; and monitoring, accountability and learning. The Policy Brief also provides project selection guidelines to help strengthen transparency, consistency and the impact of investment decisions that support industry transformation and broader economic development objectives.