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Brookfield's Mark Carney on the firm's new $15 billion bet on the clean energy transition

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Brookfield's Mark Carney on the firm's new $15 billion bet on the clean energy transition

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Brookfield raised a record $15 billion for its inaugural Global Transition Fund, the world's largest private fund dedicated to the net zero transition.

So, this is a huge investment opportunity, but again, going to where the emissions are, getting those down and helping to wind down emissions in sectors that aren't going to run to their whole economic life.

So, they're going to have a clean energy system by 2035.


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Author / Journalist: https://www.facebook.com/CNBC

Category: MarketsFinanceInvesting

Topics: Investing Breaking News: Business Source:tagname:CNBC US Source Mark Carney Environment U.S. Markets Breaking News: Markets Stock markets Articles Wall Street Cnbc Delivering Alpha Breaking News: Investing Climate Clean Energy Markets United States Stocks Asia Markets Finance Investment strategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-27, 18:07:18

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Reading Time: 9 minutes read

Article Length: 1531 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 16722

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