Businesses worldwide are eager to invest in the energy transition, viewing it as a significant opportunity, according to the World Business Council for Sustainable Development's report. However, despite the enthusiasm for investment, only 1% of corporate leaders believe the net zero transition is currently on track. The report, which surveyed 250 senior executives across various sectors, revealed that three-quarters of businesses have ramped up their investment in the net zero transition, with some committing more than half of their total capital expenditure to it. The majority of respondents expressed a willingness to invest further in the transition if governments take more decisive actions, such as streamlining permitting processes and mandating demand for sustainable products. Business leaders highlight the importance of international co-ordination, especially concerning key technologies like green hydrogen, steel, and batteries. They stress the need for consistent approaches, harmonised definitions and standards, and trade rules that incentivize decarbonisation. The report underscores the crucial role of policy support in creating market conditions conducive to the adoption of lower carbon technologies at scale. Overall, there is a positive sentiment towards the energy transition, with a call for enhanced government involvement and global collaboration to drive investments in sustainable technologies.