As the world intensifies its fight against climate change, Carbon Capture, Utilization, and Storage (CCUS) and hydrogen technologies have emerged as key players in reducing CO2 emissions. While CCUS and hydrogen have shown progress, global deployment varies due to policy support, investment levels, and technological advancements. The current global CCUS capacity is insufficient to meet international climate goals, emphasizing the need for accelerated growth in this sector. Leading regions in CCUS deployment include North America and Europe, driven by supportive policies and projects focused on capturing CO2 emissions. Challenges such as high costs, lack of infrastructure, and public concerns hinder widespread CCUS adoption. On the other hand, hydrogen technologies, especially green hydrogen, are crucial for a low-carbon future, offering versatile energy solutions for hard-to-decarbonize sectors. The global hydrogen market is expected to expand significantly, with exports predicted to constitute a substantial portion of production. Policy frameworks in countries like the US, EU, China, Australia, and India are promoting CCUS and hydrogen through financial incentives and infrastructure investments. Global partnerships and initiatives like Mission Innovation are fostering international cooperation in advancing these technologies. However, achieving the full potential of CCUS and hydrogen requires increased collaboration, investments, and policy actions globally. The success of these technologies in driving the transition to a low-carbon future relies on innovative policies, favorable market conditions, and industry participation.