Episodes
Hernan Pareja, principal investment officer and telecom lead for Latin America and the Caribbean, and Obinna Isiadinso, global sector lead for cloud and data center investments and a senior investment officer at the International Finance Corporation, join Sarah Devine and Rebecca Abou-Chedid for a conversation about data centers. We explore why data centers are an important part of digital infrastructure investment in emerging economies and what is driving demand for new data centers. We also...
Published 01/31/24
Published 01/31/24
Jessica Espinoza, chief executive officer, and Sana Kapadia, director of strategy, of 2X Global, a global membership organization focused on facilitating gender-smart investing, join Sarah Devine and Rebecca Abou-Chedid for a conversation about "2X Certification," an independent certification mechanism for gender-lens investing. We explore the criteria to achieve certification, what it takes to become a flagship fund and the sources of demand for third-party certification. We also discuss...
Published 12/19/23
Raj Kumar, founding President and Editor-in-Chief of Devex, joins Sarah Devine and Rebecca Abou-Chedid for a conversation about reforming multilateral development banks. We explore the recent G20-IEG two-volume The Triple Agenda report on strengthening multilateral development banks and discuss the key points from Raj’s book The Business of Changing the World. Raj also shares what he thinks will dominate the climate finance discussion at COP28.
Published 12/07/23
Will Troutman and Stuart Neely, partners with robust experience in human rights and ESG-related compliance issues, join Sarah Devine and Rebecca Abou-Chedid for a conversation about the Equator Principles (EP4) and how they affect project developers. We explore the concept of “human rights due diligence,” key risks for the renewables sector and scrutiny that companies may face regarding human rights performance.
Published 10/05/23
In this episode, we explore gender-lens investing with Finnfund, a Finnish development financier and impact investor in emerging markets. Dr. Anne Valto and Lauri Etelämäki, senior advisors leading Finnfund’s work in this area, discuss the investment criteria and requirements for projects and share examples of gender-focused investments. We also discuss current priorities and future prospects for gender-conscious investing.
Published 09/12/23
Cesar Vargas, senior executive, structured finance and infrastructure at CAF – Development Bank of Latin America, joins Sarah Devine and Rebecca Abou-Chedid for a conversation about clean transportation and e-mobility in Latin America. We discuss the current landscape of Latin America’s transportation infrastructure from a climate impact perspective and efforts to develop and finance low carbon transport and infrastructure projects. We also discuss CAF’s energy transition agenda and explore...
Published 08/04/23
Dante Trevedan and Hernán González, partners in our Mexico City office, join Sarah Devine and Rebecca Abou-Chedid for a conversation about recent amendments to Mexico’s mining law. We discuss what has changed, what it means for the mining industry, what we can expect from implementing regulations, and how existing projects can protect their rights in the face of these changes. We also discuss the potential impact of lawsuits by private parties. Since the recording of this episode, some...
Published 07/13/23
Sam Kwon, general counsel of the U.S. Trade and Development Agency (USTDA), joins Sarah Devine and Rebecca Abou-Chedid for a conversation about USTDA’s role and approach to supporting project development in emerging markets. We discuss USTDA’s current priorities and outlook for the near future. These include connecting US businesses with renewable and clean energy projects in Southeast Asia, investing in digital infrastructure in Africa, and advancing sustainable development.
Published 06/29/23
Camila Ramos, founder and managing director of Clean Energy Latin America (CELA), joins Sarah Devine and Rebecca Abou-Chedid for a conversation about renewable energy in Brazil. We discuss why distributed generation has made more inroads there than traditional utility-scale generation, what barriers distributed generation companies still face in the country, and more.
Published 06/15/23
In this episode of Earth, Wind and Solar we discuss the “what, why, when and how” of political risk insurance (PRI) with two seasoned professionals: Hoda Atia Moustafa, global head of portfolio management at the Multilateral Investment Guarantee Agency (MIGA), and Kenneth Hansen, a partner in Norton Rose Fulbright’s projects group. We explore what risks PRI aims to mitigate, why organizations operating in emerging markets get this coverage, when it comes into play and how MIGA approaches...
Published 04/20/23
Patricia Sulser, investment committee member at BlueOrchard and former chief counsel at International Finance Corporation, joins Sarah Devine and Rebecca Abou-Chedid for a conversation about public private partnerships (PPPs). We discuss how PPPs are used in the financing of projects in emerging markets and unpack several successful PPP transactions. We also delve into impact investing and blended finance – what these terms mean, how blended finance transactions are structured and how the...
Published 03/24/23
Peter Young and Vishal Mawkin join Sarah Devine and Rebecca Abou-Chedid for a conversation about green bonds and sustainable investing. We explore the “why” behind green bonds, the different sustainability bond finance labels, the size of the market and current trends in the market for environmental, sustainability and governance (ESG) products. We also discuss the key regulatory milestones for sustainable bond finance and regulators’ approaches to ESG products and structures.
Published 03/02/23
In this episode, we have a conversation about the mining industry with Poupak Bahamin, general counsel of Barrick Gold Corporation. We discuss Barrick’s assets in emerging markets, the company’s strong focus on sustainability and the key factors mining companies consider in assessing potential investment targets, particularly in emerging markets. We also explore what makes projects successful and current legal trends and issues in the mining industry.
Published 02/16/23
We continue our conversation about hydrogen with Michillay Brown, corporate relations principal at Anglo American, Nuria Hartmann, manager, strategy and business consulting at HINICIO, and Ivana Jemelkova, senior managing director at FTI Consulting, and our podcast hosts Sarah Devine and Rebecca Abou-Chedid. What is Power-to-X (PtX) and what are the main challenges for PtX project development? What is the current state of hydrogen market development in South Africa and Latin America? Are...
Published 01/05/23
Michillay Brown, corporate relations principal at Anglo American, Nuria Hartmann, manager, strategy and business consulting at HINICIO, and Ivana Jemelkova, senior managing director at FTI Consulting, join hosts Sarah Devine and Rebecca Abou-Chedid for a conversation about hydrogen. Why is there growing interest in hydrogen and its derivatives? What is the hydrogen rainbow? What is the role of hydrogen in developing economies? How is it expected to affect the global energy mix? We discuss...
Published 12/15/22
Join us for a conversation with Walid Labadi, assistant general counsel, Africa, at International Finance Corporation (IFC), about IFC’s investments in North Africa, specifically Egypt and Yemen, in recent years. We delve into wide-scale renewable energy projects, foreign direct investment, the effects of the global pandemic, and the role of IFC and private sector investment in supporting entrepreneurs. We also discuss the differences between the business and legal side of project development...
Published 10/20/22
Bryan Gartenberg, director of business development at Delaware Trust Company, joins our hosts Sarah Devine and Rebecca Abou-Chedid to discuss the important role of a collateral and trust agent in a project finance deal. We get into what you should look for in the agent, what happens when things go wrong, and the differences between US domestic and emerging market deals. Bryan also shares his thoughts on building productive relationships with local governments, and developing and managing the...
Published 10/06/22
In this episode of Earth, Wind and Solar, we have a captivating conversation with Samer Judeh, co-founder and chairman of the Jordan Wind Project Company, about the 117-megawatt Tafila wind farm. Tafila was the first and largest privately-sponsored utility-scale wind farm in Jordan, and it had a significant effect on the energy mix in the country. It was completed in 2016. We explore the innovations that made the project a success and lessons learned, and draw valuable insights for...
Published 09/15/22
Laura Kiwelu, partner in our London office who works on carbon credit transactions, joins Sarah Devine and Rebecca Abou-Chedid for a conversation about voluntary carbon markets. We explore what drives the growth of carbon markets, who the players are and what types of projects generate voluntary carbon units, allowing the stakeholders to offset their emissions for compliance or voluntary purposes. We also discuss primary and secondary contracting, transaction structuring, pricing...
Published 09/01/22
Claudio Rechden, general counsel of Deva Capital, joins us for a conversation about distressed debt investing. We discuss how value is created by deploying innovative structures and the unique challenges and opportunities in emerging markets. The discussion explores the different types and sizes of transactions, co-investor structures, environmental, governance and social responsibility considerations, and the local impact of cross-border investment in distressed assets.
Published 08/11/22
In this episode, we are joined by Gargee Ghosh, president of global policy and advocacy at the Bill & Melinda Gates Foundation, for a conversation about philanthropy in sustainable development. A recent US$20 billion donation by Bill Gates will allow the foundation to increase investment in its core areas of focus, including health, gender equality and alleviation of poverty. We explore these areas with Gargee, and how the foundation works in partnership with governments, the private...
Published 07/28/22
Andrew Sprott, practice leader of Castalia, joins hosts Sarah Devine and Rebecca Abou-Chedid on Earth, Wind and Solar for a conversation about sustainable energy development in the Caribbean. They discuss the current state of the market, an $11 billion need for financing and how Caribbean countries are doing in terms of attracting investment. They also touch on recent successes and challenges, energy resiliency and opportunities in private finance of renewable energy in the region.
Published 07/14/22
Ramon Candia, chief investment officer of Cifi, joins hosts Sarah Devine and Rebecca Abou-Chedid on Earth, Wind and Solar for a conversation about infrastructure development finance in Latin America and the Caribbean. Cifi has been innovating in the middle market infrastructure sector for the last 20 years and is focused on renewable and sustainable energy projects. The discussion covers recent transactions, a loan portfolio securitization, the Sustainable Fund and local currency funds, as...
Published 06/30/22
Angel Bohorquez, senior investment officer of FinDev Canada, joins us on Earth, Wind and Solar to discuss FinDev Canada’s mission to make an impact in developing markets by providing local entrepreneurs with easier access to capital and by focusing on sustainable infrastructure, women’s economic empowerment and climate action. We dive into what makes FinDev Canada’s approach different from other development finance institutions, how project success is evaluated, and what commitments FinDev...
Published 06/16/22