Kara Mangone
Showing 1–3 of 3 transcripts.
- Goldman Sachs31 min
Navigating the trillion dollar path to a more sustainable economy
Michele Della Vigna, Kara Mangone, Allison Nathan
Despite a challenging macroeconomic environment, global energy capital expenditure is rising by 15% annually, driven by a dual-investment strategy that balances legacy fossil fuel stability with accelerated clean technology deployment. Key policy frameworks like the US Inflation Reduction Act are catalyzing a trillion-dollar investment revolution, forcing European entities to adapt their regulatory models and prompting major corporations such as Chevron to pivot toward decarbonization. This shift redefines sustainability as a profitability driver while targeting inclusive growth initiatives in sectors ranging from Asian electrification to digital health, ultimately aiming to close the gap between current spending and the $6 trillion required annually to meet UN goals.
- Goldman Sachs28 min
The Road to 2050: Balancing Climate Goals with Energy Security
Kara Mangone, John Goldstein, Allison Nathan
Amidst geopolitical shifts and energy security concerns, the global financial sector is transitioning ESG from a broad screening metric to a core investment strategy focused on nuanced company analysis and resilience. Major asset owners maintain their net-zero commitments despite market volatility, driving nearly 90% of global GDP into climate-aligned frameworks while capital discipline prioritizes prudent investment timing over divestment. To address critical funding gaps, institutions like Goldman Sachs are leveraging public-private partnerships to mobilize private capital, supported by a strategic pivot toward standardized progress metrics and "EBITDA of decarbonization" that track execution over lagged emissions data.
- Goldman Sachs22 min
Accelerating Transition
John Goldstein, Kara Mangone, Alison Nathan
At the November 10, 2021 discussion, Goldman Sachs executives John Goldstein and Cara Mangone outlined the firm's $750 billion strategic commitment by 2030 to bridge the critical policy gap between private sector action and public sector mandates. To address the $3 trillion to $5 trillion annual capital shortfall and data complexity hurdles, the bank established a Sustainable Finance Group that integrates client decarbonization diagnostics with operational tools for green bonds and renewable power hedging. The event concluded by emphasizing a transition from pilot programs to scalable solutions, including new partnerships like the Asian Development Bank grant and the development of the Open Source Climate initiative.