A recent study conducted by the International Energy Agency (IEA) and GenZero sheds light on the pivotal role that carbon markets can play in driving the global shift towards sustainable fuel alternatives. The research underlines the significance of carbon trading, carbon credits, and the advancement of carbon credit mechanisms in expediting the adoption of green hydrogen, sustainable aviation fuel (SAF), and direct air capture and storage (DACS) systems. These developments are crucial in mitigating greenhouse gas emissions and addressing the pressing issue of climate change. The collaborative findings stress the urgent need to expand the deployment of innovative clean energy technologies to achieve worldwide net-zero objectives and limit the increase in global average temperatures to 1.5°C. By the year 2030, the study projects a substantial increase in the production of low-emission hydrogen, a rise in SAF utilization in air transportation, and a significant annual CO2 removal through DACS systems. The report also highlights the critical role of carbon markets in attracting private investments towards projects focusing on the development of new technologies essential for meeting global climate goals. It underscores the importance of fostering partnerships between governments and the private sector to create a conducive environment for investing in emerging clean energy solutions. Furthermore, the study emphasizes the necessity of political dedication and the establishment of efficient financial instruments to support the transition towards sustainable practices. By incentivizing the adoption of low-emission technologies through market mechanisms, countries worldwide can make substantial progress in achieving their climate targets and ensuring a sustainable future for generations to come.