Accelerating the Energy Transition 2025

Actions to accelerate the energy transition 3 Aligning public policy and private sector strategies through collaboration, innovation and a unified vision is necessary to build a compelling business case for clean energy investments. The success of the energy transition, particularly in market economies, depends on building a strong business case within the context of a well- established economic case. Achieving this requires coordinated effort across the entire value chain, with governments and businesses aligning their goals and working together. Governments should lead by defining and quantifying the economic case and broader socio- economic benefits, making these visible and tangible to the public. This foundation, supported by clear and effective policy measures, will enable companies to build a compelling business case that ensures profitability while advancing long-term energy transition goals.Businesses, in turn, must actively engage with governments through regular, structured dialogues, articulating clear “asks” regarding specific policies and incentives needed to unlock clean energy investments. This collaboration will align public policy and private sector objectives, making clean energy projects more attractive to investors and allowing for more predictable returns on investment. Governments can also support strategically or systemically important projects through targeted interventions, including investment incentives, risk mitigation mechanisms and strong regulatory frameworks that build investor confidence. Striking the right balance between regulation and collaboration will help establish a common vision and allow for course corrections as needed to sustain progress towards shared goals. Accelerating the Energy Transition: Unpacking the Business and Economic Cases 13