Decarb Partners

About Team Strategy Portfolio

Lucy Hollister

London

Lucy Hollister

Executive Assistant

Board Member

Board Observer

Bio

Previous Bio

Connect

Company

Corporate

Accessibility Careers BlackRock Temasek

Legal

Business Continuity FINRA BrokerCheck Responsible Disclosure Rule 606 Disclosure

2025 All Rights Reserved ©. Decarbonization Partners.

Privacy Policy Terms & Conditions

In Canada, this material is intended for institutional investors, is for educational purposes only, does not constitute investment advice and should not be construed as a solicitation or offering of units of any fund or other security in any jurisdiction.

In Latin America: No securities regulator has confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx

In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N) for use only with institutional investors as defined in Section 4A of the Securities and Futures Act, Chapter 289 of Singapore. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.

In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. This material is for distribution to "Professional Investors" (as defined in the Securities and Futures Ordinance (Cap.571 of the laws of Hong Kong) and any rules made under that ordinance) and should not be relied upon by any other persons or redistributed to retail clients in Hong Kong.

In Australia & New Zealand, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL) for the exclusive use of the recipient, who warrants by receipt of this material that they are a wholesale client as defined under the Australian Corporations Act 2001 (Cth) and the New Zealand Financial Advisers Act 2008 respectively. BlackRock Investment Management (Australia) Limited (“BIMAL”) is not licensed by a New Zealand regulator to provide ‘Financial Advice Service’ or ‘Keeping, investing, administering, or managing money, securities, or investment portfolios on behalf of other persons’. BIMAL’s registration on the New Zealand register of financial service providers does not mean that BIMAL is subject to active regulation or oversight by a New Zealand regulator. This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should therefore assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. This material is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. BIMAL is a part of the global BlackRock Group which comprises of financial product issuers and investment managers around the world. BIMAL is the issuer of financial products and acts as an investment manager in Australia. BIMAL does not offer financial products to persons in New Zealand who are retail investors (as that term is defined in the Financial Markets Conduct Act 2013 (FMCA)). This material does not constitute or relate to such an offer. To the extent that this material does constitute or relate to such an offer of financial products, the offer is only made to, and capable of acceptance by, persons in New Zealand who are wholesale investors (as that term is defined in the FMCA). BIMAL, its officers, employees and agents believe that the information in this material and the sources on which it is based (which may be sourced from third parties) are correct as at the date of publication. While every care has been taken in the preparation of this material, no warranty of accuracy or reliability is given and no responsibility for the information is accepted by BIMAL, its officers, employees or agents. Except where contrary to law, BIMAL excludes all liability for this information.

BlackRock Advisors (UK) Limited -Dubai Branch is a DIFC Foreign Recognised Company registered with the DIFC Registrar of Companies (DIFC Registered Number 546), with its office at Unit L15 - 01A, ICD Brookfield Place, Dubai International Financial Centre, PO Box 506661, Dubai, UAE, and is regulated by
the DFSA to engage in the regulated activities of ‘Advising on Financial Products’ and ‘Arranging Deals in Investments’ in or from the DIFC, both of which are limited to units in a collective investment fund (DFSA
Reference Number F000738).

This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should therefore assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. This material is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. BIMAL is a part of the global BlackRock Group which comprises of financial product issuers and investment managers around the world. BIMAL is the issuer of financial products and acts as an investment manager in Australia. BIMAL, its officers, employees and agents believe that the information in this material and the sources on which it is based (which may be sourced from third parties) are correct as at the date of publication. While every care has been taken in the preparation of this material, no warranty of accuracy or reliability is given and no responsibility for the information is accepted by BIMAL, its officers, employees or agents. Except where contrary to law, BIMAL excludes all liability for this information.

©2025 BlackRock, Inc. All Rights Reserved. BLACKROCK and iShares are a trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.

EPMH0724E/M-3718995-1/19

Please take a moment to read and accept the following terms and conditions before proceeding.

By accessing this website as a client or potential client, you agree to receive information on this website in more than one language. If you need help understanding the content of this website, please consult your financial advisor or other professional advisor.

Financial intermediaries

On this website, professional clients are understood to be investors who meet the requirements of both a professional client and a qualified investor.

A person who can be classified as a Professional Client under the Markets in Financial Instruments Directive II (2014/65/EU, "MiFID") and a Qualified Investor under the Prospectus Regulation (EU) 2017/1129) will generally have to meet one or more of the following requirements:

(1) be authorised or regulated to operate on the financial markets. The following list includes all qualified entities carrying out the characteristic activities of those entities, whether authorised by an EEA State or a third country, and whether or not they are authorised by reference to the Directive:

(a) a credit institution;

(b) an investment company;

(c) the stock exchange;

(d) insurance company;

(e) a collective investment scheme or a management company of such a scheme;

(f) a pension insurance company, pension fund or pension company;

(g) a central securities depository or a central counterparty;

(h) a trader in commodities or commodity derivatives;

(i) a local delegated entity;

(j) any other institutional investor;

(2) it is a large enterprise that meets two of the following conditions: (i) a balance sheet totalling EUR 20,000,000; (ii) annual net turnover of EUR 40 000 000; or (iii) equity of EUR 2 000 000;

(3) a national or regional government, a public entity that manages public debt, a central bank, an international or supranational institution (such as the World Bank, IMF, ECB, EIB) or other similar international organization;

(4) an institutional investor whose main activity is investing in financial instruments, including an entity engaged in asset securitisation or other financial transactions;

(5) an individual resident in an EEA state that permits the authorisation of natural persons as professional clients and qualified investors, who specifically requests to be treated as a professional client and a qualifying investor, and who meets at least two of the following criteria: (i) has completed significant transactions in the securities markets in the previous four quarters prior to the application with an average frequency of at least 10 transactions per quarter; (ii) his/her portfolio of financial instruments, defined as including cash deposits and financial instruments, exceeds EUR 500,000; (iii) has been working or has worked for at least one year in the financial sector in a professional position requiring knowledge of investing in securities.

Please note that the above summary is for informational purposes only. If you are unsure whether you can be classified as a professional client under MiFID and as a qualified investor under the Prospectus Regulation, you should seek independent advice.

Terms of Use

Please read this page before proceeding, as it explains some of the legal restrictions on the dissemination of this information and the countries in which our funds are allowed for sale. It is your responsibility to know and comply with all applicable laws and regulations of the relevant jurisdiction.

Please note that before you can access our website, you must read and accept the terms of our Privacy Policy.

Once you have confirmed that you agree to the legal information provided herein and to the Privacy Policy – by consenting above – we will place a cookie on your computer that recognizes you and prevents this site from reappearing if you visit these other BlackRock websites in the future. The cookie expires after six months, or sooner if there is a material change to this important information.

By confirming that you have read this important information, you also:

(i) agree that this information will apply to any subsequent access by you to the individual investor (or institution/intermediary) section of this website, and that all such subsequent access will be subject to the disclaimer, risk warning and other information set forth herein; a

(ii) you warrant that no other person will access the Individual Investor section of this Website from the same computer and login that you are currently using.

The foreign funds described on the following pages are managed and managed by companies of the BlackRock group and may only be offered in certain jurisdictions. It is your responsibility to know the applicable laws and regulations of your country of residence. Further information is available in the prospectus or other founding document of each fund.

This does not constitute an offer or solicitation to sell shares in any of the funds listed on this site by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not authorized to do so, or to anyone to whom such offer or solicitation is unlawful.

Specifically, the funds described are not available for distribution to US investors or for their investments. Units/shares will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and, except for a transaction that does not violate the Securities Act or any other applicable U.S. securities laws (including, without limitation, any applicable laws of any U.S. state), may not be directly or indirectly offered or sold in the U.S. or any of its territories or owned by or in any of the U.S. territories or in the territories of the United States. their jurisdiction or for the benefit of U.S. persons.

The funds described have not been and will not be qualified for public distribution in Canada because the prospectus of these funds has not been submitted to any Securities and Exchange Commission or regulatory authority in Canada or any of its provinces or territories. This website is not and in no way should be construed as an advertisement or any other action to promote a public offering of shares in Canada. No person who is a resident of Canada for purposes of the Income Tax Act (in Canada) may purchase or accept a transfer of shares of the described funds unless authorized to do so under applicable Canadian or provincial law.

Applications to invest in any fund listed on this site must only be made on the basis of an investment specific offer document (e.g. prospectus, simplified prospectus, key investor information document or other applicable terms and conditions).

As a result of money laundering regulations, additional documentation may be required at the time of investment for identification purposes. Details are provided in the relevant prospectus or other founding document.

If you are unsure about the meaning of this information, please consult your financial advisor or other professional advisor.

The information contained on this site is subject to copyright with all rights reserved. They may not be reproduced, copied or redistributed in whole or in part.

The information contained on this site is published in good faith, but neither BlackRock (Netherlands) B.V. ("BNBV") nor any other person makes any warranties, express or implied, as to its accuracy or completeness, and should not be relied upon as such. BNBV shall have no liability for any loss or damage arising out of the use of or reliance on the information provided, including, but not limited to, loss of profits or any other damage, direct or consequential. None of the information on this site constitutes investment, tax, legal or other advice.

If a claim is brought against BlackRock by a third party in connection with your use of this Website, you agree to fully indemnify BlackRock for any and all losses, costs, actions, proceedings, claims, damages, expenses (including reasonable attorneys' fees) or liabilities suffered or incurred by BlackRock directly as a result of improper use of this Website. Neither party should be liable to the other party for any loss or damage that the other party may incur as a result of any cause beyond the control of the first party, including but not limited to a power failure.

You acknowledge and agree that it is your responsibility to keep secure and confidential all passwords we issue to you and your authorized employees and not to allow such passwords to become publicly known. If the password(s) become known to anyone other than You and Your authorised employees, You must immediately change the password(s) using the function available for this purpose on the Website.

By accessing some links on this website, you may leave the BNBV website. In doing so, you can go to the website of an organization that is not regulated. BNBV has not reviewed any of these websites and assumes no responsibility for the content of these sites or for the services, products or goods offered through these sites.

BNBV accepts no liability for any errors in the transmission of data, such as loss or corruption or alteration of data of any kind, including, but not limited to, any direct, indirect or consequential damages that arise from the use of the services provided herein.

Risk Disclosure

Venture capital. The value of investments and returns from them may go up and down and is not guaranteed. The originally invested amount may not be returned to investors.

Past performance is not a reliable indicator of current or future results and should not be the only factor when choosing a product or strategy.

Changes in exchange rates between currencies can cause a decrease or increase in the value of investments. Fluctuations can be particularly pronounced in the case of a fund with higher volatility, and the value of the investment can suddenly and significantly drop. The levels and taxation base may change from time to time.

BlackRock has not considered the suitability of this investment in light of your individual needs and risk tolerance. The data shown provides summary information. The investment should be made on the basis of the relevant prospectus, which is available from the AIFM.

For your protection, telephone calls and/or other electronic communications that give rise to or are intended to give rise to transactions will be recorded or stored.

Investors should read the offer documents before investing, where further details are provided, including risk factors.

Please note that while some of BlackRock's funds are "segregated," others are part of a single company and are not. For BlackRock's funds that do not have segregated liability status, in the event that one BlackRock fund is unable to pay the liabilities attributable to that BlackRock fund from the assets attributable to it, the excess may be paid from the assets attributable to other BlackRock funds within the same company. For more information in this regard, please refer to the prospectus or other applicable terms and conditions of each BlackRock Fund.

The views expressed herein do not necessarily reflect the views of BlackRock in whole or in part, nor do they constitute investment or other advice.

All research shown on this site has been conducted by BlackRock for its own purposes and BlackRock may act upon it.

This site is operated and published by BNBV, which is authorized and regulated by the Financial Markets Authority (Autoriteit Financiële Markten) ("AFM"). You can access the AFM website via this link: www.afm.nl. BlackRock (Netherlands) B.V. is a company registered in the Netherlands under number 17068311. Headquarters: Amstelplein 1, 1096 HA, Amsterdam. BlackRock is a trading name of BlackRock (Netherlands) B.V. VAT ID: 007883250. General questions about this website should be sent to EMEAwebmaster@blackrock.com. Do not use this email address for investment inquiries.

© 2024 BlackRock, Inc. All Rights Reserved. BLACKROCK, BLACKROCK SOLUTIONS, iSHARES, BUILD ON BLACKROCK, and SO WHAT DO I DO WITH MY MONEY are trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks belong to their respective owners.

You are now leaving BlackRock’s website

You are leaving BlackRock's website and entering a third-party website that is not controlled, maintained, or monitored by BlackRock. BlackRock is not responsible for the content or availability of the third-party website. By leaving BlackRock's website , you will be subject to the third-party website’s terms, policies and/or notices, including those related to privacy and security, as applicable. Please review such policies and notices on the third-party website.

Continue to third-party site