Can oil and gas investment go hand in hand with energy transition?
Demand for oil and gas is likely to remain, albeit lowered, for the foreseeable future, so the challenge is how to invest in the lowest emitting options.
Pedro is a Member of the Executive Committee at the World Economic Forum leading the work on industry decarbonization. Before holding this position, Pedro led the Forum’s work Mobility leading the transport sector’s agenda on sustainability, business resilience and inclusiveness. Prior, he was Head of the Partnership Against Corruption Initiative team (steering one of the longest-standing collective action initiatives in this field). He was also part of the leadership of the Energy Team at the Forum where he oversaw the production of the Energy Transition Index and Oil and Gas industry transformation. Prior to joining the Forum, Pedro served at the Mexican Ministry of Energy as Director for Sectoral Studies where he contributed energy reform & transition policies and at Pemex. In Academia, he was Research Fellow at the Oxford Institute for Energy Studies working on the political economy of energy in Latin America and Chevening Fellow at the University of Edinburgh’s Business School where his focus was low-carbon investment and finance. He was also a senior consultant for Deloitte’s energy practice and was a Partner at the Swiss-based Shipbroking Firm 1.8.9 Shipping GmbH. Pedro holds a Master’s Degree from St Antony´s College at the University of Oxford.
Demand for oil and gas is likely to remain, albeit lowered, for the foreseeable future, so the challenge is how to invest in the lowest emitting options.
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