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 identified as a major investment risk that fiduciaries must address?

• Market volatility

• Climate change

• Political instability

• Technological advancements

What is the primary goal of the joint venture discussed in the transcript?

• To increase market share

• To reduce carbon emissions

• To expand into new geographical regions

• To develop new marketing strategies

What is the role of BlackRock in the joint venture?

• Providing marketing strategies

• Offering data analytics and sourcing investors

• Managing day-to-day operations

• Developing new technologies

What is the ultimate aim of the joint venture by 2050?

• Expanding into new markets

• Increasing shareholder value

• Doubling investment returns

• Achieving a net-zero world

What is considered the first sign of success for the joint venture?

• Expansion into new markets

• Increased brand recognition

• Evolution of innovative solutions

• High employee satisfaction

What is the targeted return for the early-stage funds mentioned in the transcript?

• 10% IRR

• 20% IRR

• 15% IRR

• 25% IRR

What is the initial size of the pool of money planned for the venture?

• $3 billion

• $1 billion

• $10 billion

• $5 billion