To understand the kind of damage that climate change will inflict, look at COVID-19 pandemic and spread the pain out over a much longer period.

Microsoft founder Bill Gates has been advocating for innovations in renewable energy and clean technology to address climate change for more than a decade now.

Why is now the time to invest in energy transition?

Join us to find out how energy transition will power a brighter future

Head, Investment Strategy & Advisory
Standard Chartered Bank

Portfolio Manager
BNP Paribas Asset Management

In case you missed it, here are the key highlights:

1. Countries are leading the way in net zero emissions through regulations and policies. China’s first national carbon emissions trading scheme was launched in July’21, EU’s proposal for world’s first carbon tax on imports and Biden’s $1trn infrastructure bill will only hasten further investments into clean energy sources globally, including Asia Pacific. For example, EU plans to derive 40% of their energy from renewable sources by 2030 and even in Malaysia, TNB targets to achieve 40% renewable in their energy mix by 2025.

2. Ambitious country targets to shift towards net zero have accelerated investments into clean energy sources such as solar, wind, green hydrogen and energy efficient machines such as electric vehicles and batteries. Consumer adoption have picked up as the cost to produce solar and wind power have rapidly reduced over the last decade as investments poured in and technology improved.

3. Energy transition is inevitable across industry, transportation, building and power generation which collectively emits 73% of world’s carbon emissions. The vast investment opportunities in clean energy are drawing investments even from leading global oil companies into solar, wind, green hydrogen and EV charging stations as they seek to reduce their carbon footprint. Such spending is expected to ignite explosive opportunities within listed companies around the world.

You can start investing today into the energy transition movement via Manulife Global Energy Transition fund through SmartDirect within SC Mobile App which is exclusively available only at Standard Chartered Bank Malaysia.