//@robot1234:Global energy crisis could lead to faster shift away from fossil fuels, says DBS chief Piyush Gupta. The global energy crisis is a wake-up call that reliance on fossil fuels is a growing global challenge and this is likely to push the world towards greener and more resilient sources of energy, DBS Bank chief executive Piyush Gupta said on Tuesday.But over the short term, there is set to be some backsliding as major economies rush to secure coal and gas supplies because of disruptions caused by the war in Ukraine. Exactly how long this short-term market distortion lasts remains unclear, but Mr Gupta said nations want to boost energy resilience and do not want to be held hostage to a single energy source. On Tuesday, DBS released its decarbonisation targets in some of the most carbon-intensive sectors it finances, as part of meeting its pledge to be net zero by 2050.The process of setting the targets took many months and involved discussions with more than 3,000 clients. "So far, I've been encouraged," he told a media briefing. "We've reached out to thousands of clients in the past year to have one-on-one conversations to make sure that what we're committing to is not pie in the sky and that people are also aligned to that."