Incentive policies are key to accelerating decarbonisation. They lower risks and reward investments in innovative new clean energy projects like new zero-carbon sources and energy efficiency. Policymakers aim to balance clean energy investments with technology growth and high costs. This balance is crucial as it ensures public support for clean energy remains strong.

Investment and innovation in climate and energy technology have the potential to equitably deliver decarbonisation targets. Indeed, many of the technologies expected to drive decarbonisation exist today—but scale and pace must be accelerated to realise mid-century commitments. Additionally, unprecedented collaboration across value chains, sectors and public/private actions will be needed to generate the velocity of progress required.

Energy firms leverage operational excellence to slash emissions and boost efficiency. This framework pinpoints key decarbonisation opportunities, propelling systematic implementation by which companies can streamline their journey towards a greener future, maximising impact and driving sustainable change. By implementing the principles of operational excellence centred on leadership, process and systems, continuous improvement, culture, and mindsets, industries can achieve a double win: reducing their environmental footprint and lowering their operational costs.