Transformation is the eternal theme of global energy development
The use of the traditional energy system mainly comes from fossil fuels, such as oil, natural gas and coal, which is still the largest project driving the global economy since the Industrial Revolution. with the vigorous development of the global economy and the continuous growth of the world population, the use of traditional energy will continue to rise.
However, in order to achieve the goal of economic growth, the price is increasing carbon dioxide emissions, leading to increasingly serious global warming, which in turn leads to frequent climate anomalies. Since traditional energy systems account for 70% of global carbon dioxide emissions, the world continues to move towards clean energy in order to achieve the 2'C climate target. According to market estimates, the amount of investment in net energy transformation between 2015 and 2050 will reach 29 trillion US dollars.
Note: trillion = trillion
The epidemic has spawned a new demand for alternative energy.
The price of traditional energy fluctuates sharply under the epidemic this year, which is very beneficial to alternative energy and the entire energy transformation system, giving rise to the demand for new energy alternatives, and the new energy system continues to be favored by market funds. However, the alternative energy system is still in its infancy, the price of new energy continues to decline steadily in the environment of technological progress, and while the market demand continues to grow, stable and clean energy prices can bring a stable development environment for the global economy.
In the next five years, the French government will also spend 7 billion euros to promote renewable energy construction to cope with climate change and transform France's energy structure to green, low-carbon, high energy efficiency and diversification. In order to reduce greenhouse gas emissions, the French government plans to invest 4 billion euros to promote the popularization of new energy vehicles, and has announced a ban on the sale of gasoline and fuel vehicles by 2040 to reduce environmental pollution.
BNP Paribas accelerates support for energy transformation
In line with the French government's national strategy for energy transformation, BNP Paribas announced in 2017 that it would no longer cooperate with companies mainly engaged in the exploration, production, distribution, sale or trading of oil and gas from shale and / or oil sands, and will no longer invest in or finance oil or gas exploration or production projects in the Arctic. It will also stop providing investment and financing for projects that mainly transport and export oil and gas from shale or oil sands, and will continue to actively support customers who are committed to participating in the energy transformation.
At the same time, BNP Paribas has pledged to reduce its support for the coal mining and coal-fired power generation industries, increasing financing for renewable energy projects to 15 billion euros by 2020, and allocating 100 million euros to invest in start-ups specializing in innovative solutions for energy transformation. The moves mark a further increase in BNP Paribas's support for the energy transformation.
The Core of 3D Investment-- the three main axes of Energy Transformation Investment
To promote green energy and limit traditional petrochemical energy has become the mainstream energy policy of major countries in the world. The Asset Management Investment team in Paris, France, looks forward to the development of the global energy system, recognizing "3D" industry trends, respectively "(Decarbonizing) reducing carbon emissions: renewable energy and transformational energy production", "(Digitalizing) digitization: energy technology and improving efficiency", "(Decentralizing) decentralization: energy infrastructure, transport and storage" as the core of the investment, identify winners in the energy transformation, and invest in these companies.
France-Pakistan Energy Transformation FundKeep up with the innovation of the times
Most energy funds mainly invest in traditional energy, such as oil, natural gas, coal and other fossil fuels, while the France-Pakistan Energy Transformation Fund focuses on the trend of energy transformation. with "renewable and transformational energy", "energy technology", "energy infrastructure, transport and storage" as the three main investment axes, invest in renewable energy, energy efficiency, energy transport and storage and other most influential themes in the transformation And the enterprises with the best market positioning.
Source: fund monthly report, as of November 30, 2020
Under the strict control of individual stocks and portfolio risks, the fund braved the haze of oil price fluctuations and pursued optimal return performance. as of November 25, 2020, the year-to-date return of the fund was as high as 142.45%, ranking among the Hong Kong SFC registered funds.
Note: benchmark: MSCI AC World (USD) NR
Source: Paris Asset Management, France
Backed by the world's top financial institutions
BNP Paribas Asset Management, founded in 1968, is the investment management business of BNP Paribas, a large international financial institution, ranking among the top 30 fund companies in the world, providing leading and high-quality investment solutions for individual, corporate and institutional investors. It provides customers with a wide range of investment solutions, including stocks, fixed income, private debt and physical assets, multiple assets and quantitative solutions. Paris Asset Management, France, regards "sustainability" as the core of strategic and investment decisions, actively contributes to energy transformation, environmental protection, equitable and inclusive growth, and is committed to providing clients with a long-term sustainable return on investment. As of September 30th, Paris Asset Management, France, has assets under management of 445 billion euros. It has more than 500 investment experts and nearly 500 customer service specialists to provide professional services to individuals, enterprises and institutional investors in 71 countries and regions around the world.
UlrikFugmann and EdwardLees, the two investment managers who manage the fund, have worked together for nearly 20 years. Before joining Asset Management in Paris, France, they both worked for Goldman Sachs Group for a long time and had rich investment experience and tacit understanding in the new energy industry.
Paris Asset Management, France, believes that the transformation of the global energy system from traditional energy to renewable energy is a clear trend in the future. New energy and alternative energy will join the growth, energy technology and energy innovation will create amazing business opportunities, energy transformation investment strategy is expected to become the star of tomorrow in the field of energy investment.
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