Breakthrough Energy: State of the Transition 2024

The Breakthrough Energy – State of the Transition Annual Report 2024 highlights that climate technology has entered its “deployment era,” shifting from invention to large-scale implementation. Bill Gates emphasises growing optimism as corporations and investors now see clean technologies not just as environmental necessities but as strong business opportunities. The report outlines Breakthrough Energy’s innovation pipeline—from Discovery and Development to Deployment and Policy—which supports startups, scales proven solutions, and collaborates with governments to remove barriers. Across sectors like manufacturing, energy, buildings, transportation, and agriculture, new climate technologies are moving from “science projects” to “science products.” Overall, the report paints 2024 as a pivotal moment where climate tech becomes commercially viable and central to global industrial and economic growth