A globally competitive and world leading industry is one of the main aims of the New European Industrial Policy. On the other hand, climate change and COVID-19 are global crises that remind us of the importance of inclusive and sustainable industrial development.

Against this background, just as these major challenges are interrelated, the solutions are also interlinked. Inclusive and sustainable industrial development is an important part of the solution. The positive effects on job creation, income generation, economic growth and social inclusion are evident. At the same time, industry plays an important role in addressing the climate crisis via a more sustainable use of resources, as well as innovative and sustainable energy solutions that have the potential to create green jobs.

The report is available at https://www.unido.org/annualreport2019