Accelerating the Energy Transition 2025

Innovation – in financing, technology, business strategies and policy – will be the differentiating factor to break through traditional barriers and accelerate progress. A holistic approach is necessary, with all stakeholders working together to establish clearly defined, value-based criteria for clean energy projects. Governments should set ambitious interim targets and milestones to guide private sector planning and investment, while businesses should provide feedback on what is feasible within these timeframes. This continuous feedback loop will ensure proper timing, sequencing and coordination of efforts, helping short-term measures align effectively with long-term energy transition goals.While collaboration and engagement are foundational, moving forward, a stronger focus on innovation – in financing models, technology development, business strategies and policy frameworks – will be the key differentiating factor to break through traditional barriers and accelerate progress beyond what collaboration alone can achieve. Existing pockets of best practices can serve as replicable and scalable models to accelerate the transition across regions and sectors. Accelerating the Energy Transition: Unpacking the Business and Economic Cases 14