According to the early noise coming down the pike as the US attempts to smash through its green industries, other parts of the world are elated. They’re rubbing their hands with glee.
There’s an enormous weight of money invested in the energy transition – green energy, energy efficiency, green tech and the myriad other ways crafted to keep planetary warming down as much as possible. And to create healthy more sustainable lives.
And right now, it’s looking for a home.
But as the song goes, “If you don’t want my love, I know who I’ll give it to.”
- Don’t miss this critical event – book your tickets now
If this growing volume of funds doesn’t feel welcome in the US it really won’t care; it’s agnostic. It will be re-housed and re-partnered elsewhere.
Fund managers and green program managers in Europe, Asia, Australia and the UK are rubbing their hands with glee. The UK in particular, we’ve heard, reckons there are several billion dollars heading its way thanks to its government’s steady commitment to energy efficiency and the clean energy transition. Certainty/security – such a winning combination.
Martijn Wilder founder of the Pollination Group, hyped as the new “green Macquarie”, will tackle these issues at The Fifth Estate’s first monthly Leaders Forums at Greenhouse (in the Salesforce Tower in Sydney).
He’ll talk about his nimble and fast growing company that now boasts major investors such as HSBC, ANZ and most recently Japan’s Mizuho. Not to mention the staff – an impressive bevy of high achievers, local and global. Check out the lineup here
Wilder will also delve into how the global marketplace for investment, advisory and projects is shaping up. Asia is a big focus for his company. As is the UK, where there’s a sizable team.
In the US, he says in our briefing ahead of the event, what the Trump administration wants to achieve won’t be quite as clear cut as it thinks.
Halting windfarms for one. Yes, this will have an impact, and no, it won’t be good.
Stopping action at the federal level doesn’t mean action will also stop at the states, he says. There will be legal challenges and “nothing will happen immediately or quickly”.
He adds: “There’s no way there’s going to be a significant increase in oil and gas investment right now. It just doesn’t have the return.”
There are so many questions.
How much capital will flee the home fires and where will it look for green sanctuary?
Wilder’s company currently works with “multilaterals” like Jeff Bezos’ Amazon. How will it all play out for these behemoths that have tied their masts to the green agenda?
Will it be different in Australia to US?
And in Australia will the transition work continue apace if the government changes at the imminent federal election?
That question, says Wilder, will be best put to his fellow co-star at the forum, Matt Kean, chair of the Climate Change Authority.
Come and find out some answers!
Ask your own questions. It’s a golden opportunity to find out how they’re thinking at the big end of town and what it will mean for your business.
That’s is a narrowly defined opportunity, not a strategy.
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