From Innovation to Inclusion: Financing the Next Phase of the Energy Transition

Achieving equitable energy access and long-term security demands an “all technologies on deck” approach. A successful and just energy transition hinges on deploying a comprehensive mix of solutions, including traditional fuels, renewable energy, energy efficiency, sustainable biofuels, carbon capture and storage (CCS), and nuclear energy. At the heart of this transformation is the urgent need to mobilise large-scale, risk-tolerant capital flows for energy security across the Global South. Innovative financing models that blend public, private, philanthropic, and multilateral capital are essential, enabling diverse energy investments where the marginal cost of emission abatement remains the lowest. Crucially, the transition must also be resilient—financing mechanisms must support the diversification of energy sources, including critical inputs for both conventional and emerging energy systems.

• What financing strategies can support energy supply chain diversification in both developing and emerging economies? 
• How can financing frameworks be retooled to support a pragmatic mix of conventional and emerging energy sources, while balancing reliability, affordability, and decarbonization goals? 
• What kind of innovative risk-sharing financial models can unlock investment in next-generation technologies like small modular reactors, alternative battery chemistries, and clean hydrogen? 
• How are geopolitical dynamics and energy security considerations reshaping the energy financing priorities of countries?