Climate Investments is a billion-dollar investment fund
with a unique goal to reduce emissions.
We are backed by some of the world's largest
oil and gas producers,
and this gives us a unique platform
because we not only deliver capital,
but we are also able to pilot and deploy these technologies,
and therefore scale them worldwide.
Solving the climate challenge is by necessity
a collaborative exercise.
This challenge is much too large for any one country
or any one company.
We have to work together.
And so coalitions like the Oil and Gas Climate Initiative
are critical to drive the industries forward.
The climate challenge is a systemic problem,
and it arises from all our human activities-
from the food we eat to the clothes we wear,
how we travel, and how we heat our homes.
So we need to look across the entire system,
and that is why collaboration is so key.
The success of our fund is measured by its carbon impact-
so reduction of carbon from our investments
and our activities.
Now, that might sound simple to you,
but it's actually a new art,
and there are no standards in the industry.
So again, we're collaborating.
We're working with a whole bunch of other funds
to develop methodologies that we can all adopt
so we have common terminologies and common success.
We've been working with BCG since the inception
of this fund.
They help us with our strategies,
and they help us understand how we can deliver
those strategies to the market.
What's been really unique about this partnership
is the unflinching honesty
and the collaborative spirit
that this team has brought to us.
And that is what we need to do together
to drive change.