Summary: THIS IS AN AUDIO-ONLY VERSION OF A VIDEO INTERVIEW FOUND ON PRIVCAP.COM. VIEW THE FULL VIDEO HERE: The growth of the biggest emerging markets has caused many to worry about the environmental impact of greenhouse gas emissions. For its part, the World Bank’s International Finance Corporation (IFC) has created a new investment mandate that it hopes will help battle climate change via the private markets. In an in-depth interview, Chenggang Jerry Wu, Principal Investment Officer and Lead for Climate Change Funds in the Global Private Equity Funds Group of the IFC describes the goals of his mandate as well as how his team decides which GPs to back, given that “9 out of 10” PPMs sent his way are from first-time fund managers in the emerging markets. Also discussed is the impact of the biggest emerging markets such as China and India, why Wu would like to see more funds from Africa, and why wind power in particular has shown pleasing progress as a viable energy alternative. The program is sponsored by Ernst 8 Young. Registered users of Privcap may access this 14-minute, chaptered video program, full transcript, audio-only version, as well as Privcap’s entire archive of thought-leadership content. Register here – it’s free and quick
