1、Investing in renewable energy in emerging markets trends and risksOctober 2023For professional investors only.2Who are we?Greig Blackie,CFAFund Manager Triodos emerging market renewable energy fund Fund manager of the Triodos emerging market renewable energy fund and Triodos Greenfund since 2020 Pri

2、or experience:Mercer Investment Consulting developing investment solutions for institutional investorsGerrit-Jan BruninkPrincipal Investment ManagerEnergy&Climate Founder of the Energy&Climate Emerging Markets activities at Triodos Investment Management.Focus on origination,due diligence and executi

3、on since 2007 Prior experience:ABN AMRO Global Clients&FMO Dutch Development Bank as a Senior Investment Officer and Manager of the Least Developed Countries Infrastructure Fund3III Investment examples-risks&mitigants II Triodos&Energy transitionI UrgencyIV Portfolio solutions4This was last year:rep

4、orts couldnt be clearerGuterres:“Ive seen many scientific reports in my time,but nothing like this”5And this is 2023:“were really starting to feel it”The fossil fuel sector propped up by subsidies7There are 3 kinds of people1.People who make things happen2.People who watch things happen3.People who

5、wonder what happenedQuite a while agopredominantly in Africa and Asia800 million people have no access to electricitypopulation growth in China,India and especially Africa by 2040+1.1billion people up to 2040 comes from emerging markets90%of global electricity demand growth 9Societys biggest challen

6、ge presents a huge investment opportunityin total power production mix despite ample natural sources The share of renewables in EM is still low 10III Investment examples-risks&mitigants II Triodos&Energy transitionI UrgencyIV Portfolio solutionsSource:Clean Energy Pipeline.35+years of experience in