The UK's National Wealth Fund (NWF) is gearing up to play a significant role in driving decarbonisation efforts. The fund, a blend of public and private investment, aims to spearhead the development of crucial technologies like carbon capture utilisation and storage (CCUS), green hydrogen, and more. Experts are underlining the importance of public finance in mitigating risks and catalysing private investment in emerging industries. By combining resources from both sectors, the NWF seeks to attract substantial private investment in sustainable solutions. This move by the UK's new Labour government underscores a commitment to combat climate change and foster a transition towards a greener, more sustainable economy.