Barclays appoints Rafael Abati as Co-Head of Energy Transition EMEA
Rafael will report into
“Rafael’s deal experience in the power and energy sectors complements Marie’s expertise in ClimateTech investment banking and sustainability research – of which both are material assets to Barclays as we seek to provide the capital and strategic advice for clients,” says
Rafael joins with almost 20 years’ experience from
“At the core of our Investment Banking strategy is a commitment to consistently focus, align, and deliver against our priority clients with a solutions-driven mindset. Rafael and Marie will make a formidable leadership team for our EMEA ETG franchise, and I’m excited about the ability to advance our leadership position in differentiated client coverage,” said
Barclays was one of the first global banks to announce a 2050 net-zero ambition and is committed to reducing its financed emissions in support of this. The bank has a target to facilitate
Notes to Editors
- In 2020, Barclays announced its 2050 net zero ambition and subsequently set 2025 emissions targets for the Energy and Power sectors.
- Barclays has set additional 2030 targets that integrate the IEA’s Net Zero 2050 1.5°C-aligned temperature rise scenario in five of the highest emitting sectors in its financing portfolio – Energy, Power, Cement, Steel and Automotive Manufacturing. Further details can be found here
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The International Energy Agency (IEA) estimates that the amount of investment required to support the transition is$4.5 trillion a year.
About Barclays
Our vision is to be the
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Press:
Isabel Allanwood (
+447881 318 272
isabel.allanwood2@barclays.com
Source: Barclays