Thirteen new industrial clusters from various countries have joined the World Economic Forum's Transitioning Industrial Clusters initiative, aiming to reduce greenhouse gas emissions while promoting economic growth and job creation. These clusters, now totaling 33 across 16 countries, have the potential to cut 832 million tonnes of CO2 annually and contribute $492 billion to global GDP, supporting 4.3 million jobs. The initiative accentuates the pivotal role of industrial clusters in deploying clean energy infrastructure and driving sustainable economic growth. The addition of new clusters, particularly from the Asia-Pacific region, strengthens the initiative's global presence. Notable clusters include those focusing on clean hydrogen and low-carbon fuel production in Colombia, green energy investments in India, and sustainable energy transition in Australia and Saudi Arabia. The initiative underscores the importance of collaborative efforts, digital technologies, and regional concentration to expedite the clean energy transition. The report associated with the initiative outlines strategies for expanding clean energy production, distribution, and consumption within clusters, emphasizing the significance of port-based industrial ecosystems and digital innovations. Experts stress the necessity of collaboration and digital technology adoption to accelerate the deployment of net-zero infrastructure. By aligning stakeholders, securing funding, and implementing regulatory support, the initiative aims to transition industrial clusters towards sustainable, net-zero economies. The WEF's initiative seeks to drive economic growth, job creation, and CO2 reductions through collaboration between businesses and public institutions. It envisions transitioning industrial clusters towards sustainable, net-zero economies by aligning regulatory and funding strategies. The annual meeting in Davos-Klosters brings global leaders together to foster partnerships and explore themes centered on reimagining growth, investing in people, safeguarding the planet, and rebuilding trust.