Brookfield's Carney Wants to 'Re-Wire' Economy With New Fund

The transcript discusses the launch of a new impact fund with a global scope and singular focus on achieving net zero emissions. The fund aims to accelerate the climate transition by investing in companies that reduce carbon emissions. The speaker highlights Brookfield's expertise and operational scale in renewable energy, emphasizing the commercial opportunities in addressing climate change. The speaker's transition from the Bank of England to Brookfield is also discussed, underscoring the alignment of personal and organizational goals in tackling climate change.

What is the primary objective of Brookfield's impact fund?

• To invest in fossil fuel companies

• To diversify investments across multiple sectors

• To achieve a double bottom line with financial and environmental returns

• To focus on short-term financial gains

Why did the speaker find Brookfield appealing after leaving the Bank of England?

• Due to its focus on fossil fuels

• Because of its small-scale operations

• Due to its potential to play a leading role in climate solutions

• Because of its focus on traditional banking

What is a key factor in Brookfield's transformation into a leading asset manager?

• Its small-scale operations

• Its lack of interest in climate change

• Its expertise in decarbonization and renewable energy

• Its focus on fossil fuel investments

How does Brookfield contribute to the climate transition?

• By investing in fossil fuel companies

• By focusing solely on financial returns

• By operating 20 gigawatts of renewable power

• By avoiding renewable energy investments

What is the significance of Brookfield's global scope?

• It restricts their investment in renewable energy

• It enables them to operate across four continents

• It allows them to focus on a single market

• It limits their operations to one continent