Global progress toward the energy transition continues to gain momentum, and investments in the space are growing rapidly. Private capital has emerged as a driving force as it takes the baton from global policymakers and further propels corporate demand.

Here, Mark Carney, Chair of Brookfield Asset Management and Head of Transition Investing, shares his thoughts on the state of the global energy transition, including:

• What to expect at COP 28—the next U.N. Climate Change Convention

• Why investors need to “go where the emissions are” for the greatest potential impact in achieving net-zero targets

• Where we see strong investment opportunities for decarbonization solutions

Disclosures

This commentary and the information contained herein are for educational and informational purposes only and do not constitute, and should not be construed as, an offer to sell, or a solicitation of an offer to buy, any securities or related financial instruments. This commentary discusses broad market, industry or sector trends, or other general economic or market conditions. It is not intended to provide an overview of the terms applicable to any products sponsored by Brookfield Asset Management Inc. and its affiliates (together, "Brookfield").

This commentary contains information and views as of the date indicated and such information and views are subject to change without notice. Certain of the information provided herein has been prepared based on Brookfield's internal research and certain information is based on various assumptions made by Brookfield, any of which may prove to be incorrect. Brookfield may have not verified (and disclaims any obligation to verify) the accuracy or completeness of any information included herein including information that has been provided by third parties and you cannot rely on Brookfield as having verified such information. The information provided herein reflects Brookfield's perspectives and beliefs.

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