About

The Future of Clean Fuels initiative, led by the World Economic Forum’s Centre of Energy and Materials, aims to accelerate the deployment of clean fuels as a practical lever for regions and sectors to adapt to changes in the energy system and create inclusive economic opportunities.

The initiative complements other Forum efforts such as the First Mover Coalition, Airports of Tomorrow and Transitioning Industrial Clusters, taking a holistic view across technologies, sectors, and regions to accelerate progress towards the future energy system.

Aerial view of a coastal fuel storage terminal and port at dusk, illustrating the role of clean fuels in maritime and regional energy systems.

56%

Share of final energy use supplied by liquid and gaseous fuels

2%

Share of final energy use supplied by clean fuel

>$100 billion

Estimated investment needed in fuel production annually by 2030

Our Steering Committee

Erasmo Carlos Battistela

Founder and CEO, Be8

Dev Sanyal

CEO, VaroPreem

Gene Gebolys

Founder and CEO, World Energy

Shashwat Goenka

Vice Chairman, RP Sanjiv Goenka Group

Hans Olav Raen

CEO, Yara Clean Ammonia

Jean François Gagné

Head, Clean Energy Ministerial Secretariat

J. Jon Imaz

CEO, Repsol

Lei Zhang

CEO, Envision Group

Pietro Mendes

Director, National Agency of Petroleum, Natural Gas, and Biofuels, Brazil

Richard Jackson

President and CEO, Occidental

The challenge facing clean fuel investments

Despite growing ambitions, market risks and fragmented value chains continue to constrain clean fuel investments. Current investments in clean fuel production capacity estimated at $25 billion in 2025 falls far short of the at least $100 billion needed annually by 2030 to meet global energy security and climate objectives.

Overcoming investment barriers requires new forms of public-private collaboration and innovation across energy value chains, from supply to infrastructure to demand, considering each region’s distinct resource base, cost structures, and consumption patterns.

Part of the Centre for Energy and Materials

Accelerating transition to secure, sustainable and equitable energy and materials systems.

Join us in advancing the clean fuels transition

Collaborate with clean fuel leaders, businesses and policymakers by joining initiative events and expert groups.