This report by the World Economic Forum, in collaboration with McKinsey, finds that 37% of businesses consider higher energy and commodity costs as barriers to competitive green business models, while more than half worry about affordability for consumers – suggesting that without economic feasibility and social alignment, climate ambition may falter. The report explores how to align climate action with positive socioeconomic outcomes and presents a framework for integrating socioeconomic factors into corporate transition plans. It identifies six archetypes of national transition pathways, reflecting diverse challenges and opportunities across economies.