Decarbonization has shifted from a regulatory imperative to a fundamental driver of value creation across the natural resources sector. Investors are no longer viewing emissions reductions as a cost, but as a lever to drive superior returns, portfolio resilience, and long-term competitiveness. This report explores how global capital is flowing into decarbonization strategies—particularly in oil & gas, power, chemicals, and mining—and how institutional investors, sovereign wealth funds, and private equity players can unlock alpha by aligning with this transformation.