During the U.N. Climate Change Conference (COP29) in Baku, Azerbaijan, Tim Cheston, a senior research manager at the Growth Lab, introduced Greenplexity, a new tool designed to empower countries in their pursuit of green growth strategies. The tool offers comprehensive data on 10 green value chains including green hydrogen, batteries, and electric vehicles, enabling countries to assess their capabilities in supplying essential components for the global energy transition. Ricardo Hausmann emphasized the need to focus on both reducing emissions and meeting the world's demand for green products to combat climate change effectively. The Growth Lab envisions decarbonization as an opportunity for countries to establish new industries and markets, fostering economic development. Greenplexity aims to guide policymakers towards adopting context-specific strategies to contribute to global decarbonization efforts and transform their economies for a sustainable future.