The energy crisis has led to many countries increasing their short-term reliance on fossil fuels. However, there has been a comprehensive commitment to reducing greenhouse gas emissions across industries and technologies. Many companies are pledging to set science-based targets, demonstrating the demand for climate and decarbonization technologies in the future.

Governments have also taken significant legislative and regulatory action to support their climate and energy transition priorities. The European Union's Green Deal programs have raised member states' target for emission reductions, and the United States' Inflation Reduction Act provides tax credits and subsidies towards new energy solutions. These policies, mandates, and subsidies continue to be major catalysts for climate solutions.

Several mature climate solutions, such as utility-scale solar or wind, have already achieved cost parity compared to fossil-based alternatives, with green premiums declining for even earlier stage solutions. Investors and lenders are also turning their attention to investment opportunities across a range of climate technologies, pledging $130 trillion towards net-zero goals.

Despite the ongoing energy crisis, there is a clear demand for climate and decarbonization technologies, with policies, investment, and technology developments aligned to create solutions for a sustainable future.