BlackRock’s Fink, Temasek’s Pillay Discuss Joint Venture

The video discusses climate change as a significant investment risk that requires new technologies for decarbonization. It highlights the challenges of developing cost-effective green technologies and the role of a joint venture in addressing these issues. The venture aims to innovate in carbon abatement while ensuring financial returns. Success is defined by the evolution of solutions and achieving a 20% IRR. The initial investment pool is set at $5 billion, with plans to scale based on proof of concept.

What is the primary problem being addressed in the context of climate change?

What are some of the new technologies that need to be developed for decarbonization?

How does the cost of green technologies compare to traditional methods?

What role does data analytics play in the joint venture?

What are the key objectives for success in the joint venture focused on decarbonization?

What is the targeted return for the investment in this venture?

What is the significance of having a proof of concept in the early stages of the venture?